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Philadelphia Business Outlook Survey - June 2014
Manufacturing firms responding to the June Business Outlook Survey indicated that regional manufacturing activity expanded this month. The survey's indicators for general activity, new orders, and shipments were positive for the fourth consecutive month and improved from their readings in May. Current employment was also higher among the reporting firms this month. The survey's indicators of future activity improved notably, suggesting that firms are more optimistic about continued growth over the next six months. Indicators Reflect Continued Growth The diffusion index of current general activity increased from a ... (full story)