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August 2014 Business Outlook Survey
Indicators for the August Business Outlook Survey suggest that the region’s manufacturing sector is continuing to grow. The survey’s indicator for general activity was higher this month, but indicators for new orders, shipments, and employment, while positive, fell from their readings in July. The survey’s broad indicators of future activity increased, suggesting that firms remain optimistic about continued growth over the next six months. Activity Index Highest Since 2011 The diffusion index of current general activity increased from a reading of 23.9 in July to 28.0 this month. The index has increased for ... (full story)