Fri, 19 Apr 2013 17:08:01 GMT
Philadelphia-area business activity stays steady in April
Manufacturing activity in the Philadelphia's area recorded a modest fall in the month of April, while business activity in the area stayed at the same level, the Federal Bank of Philadelphia reported on Thursday. The Philly Fed index of current activity decreased by 1.3% in April after it rose by 2.0% in March, while it was forecast to gain 3.3%.