United States : Philly Fed manufacturing Index worse than estimates -5.8
January 17, 2013 at 08:30 pm IST
By
The consensus counted on 7.1
This index is used to determine the level of manufacturing activity at the regional level after a survey of 250 companies. The level of this indicator allows to anticipate a possible deterioration in industrial activity at the national level. The increase of this index could have a positive effect on the dollar and U.S. markets.
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