Learning is a Journey Not a Destination
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Philly Fed March 2012 Business Outlook Survey
Manufacturing firms responding to the monthly Business Outlook Survey suggest that regional manufacturing activity con-tinued to grow at a moderate pace in March. The survey's broad indicators for general activity, new orders, shipments, and employment all remained positive. Firms continued to report price pressures, but responses suggest that pressures have eased from the previous month. The survey's broad indicators of future activity remained at levels consistent with continued optimism. Indicators Suggest Continued Expansion The survey's broadest measure of manufacturing conditions, the diffusion index of current ... (full story)