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Philly Fed January 2017 Manufacturing Business Outlook Survey
Economic conditions continued to improve in January, according to the firms responding to this month’s Manufacturing Business Outlook Survey. The indexes for general activity, new orders, and employment were all positive this month and increased from their readings last month. Manufacturers have generally grown more optimistic in their forecasts over the past two months. The future indexes for growth over the next six months, including employment, continued to improve this month. Most Current Indicators Show Broad Improvement The index for current manufacturing activity in the region increased from a revised ... (full story)