Philly Fed Index grows further in May

Note: This section contains information in English only.
Source: RTT News
An indicator measuring manufacturing activity in the Philadelphia area accelerated in May rising for the fifth straight month despite the fact that factory activity index in the country slipped, a report unveiled by the Federal Reserve Bank of Philadelphia showed on Thursday. The current activity index in the area added from April's level of 16.6 to 15.4 points in May.

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