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August 2022 Manufacturing Business Outlook Survey
Manufacturing activity held mostly steady on balance, according to the firms responding to the August Manufacturing Business Outlook Survey. Most of the survey’s indicators rose from last month. Although the general activity index turned positive, it was low, and the new orders index remained negative. The employment index increased, while the price indexes continued to decline but remained elevated. The survey’s future indexes rose slightly but continue to suggest that the firms expect overall declines six months from now. The diffusion index for current activity returned to positive territory in August after ... (full story)
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