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February 2015 Business Outlook Survey
Firms responding to the Manufacturing Business Outlook Survey indicated continued modest growth in the region’s manufacturing sector in February. Although the current activity index fell for the third consecutive month, it remained positive, and the employment indicator increased from its reading last month. The survey’s future activity index also fell but continues to reflect general optimism about manufacturing growth in the region over the next six months. Indicators Reflect Modest Growth The diffusion index for current general activity fell slightly, from a reading of 6.3 in January to 5.2 this month (see ... (full story)