Home / Market Update / US: Philly Fed Nonmanufacturing Index slumps to 5.3 in November

US: Philly Fed Nonmanufacturing Index slumps to 5.3 in November

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey fell sharply to 5.3 in November, the lowest reading since June, from 25.3 in October, the monthly data showed on Tuesday.

Check Also

US Dollar below 106.00 after PCE data

The US dollar is preparing for French elections risk over the weekend, with early recovery …