Philadelphia index of manufacturing activity grew less then expected in April

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Source: Marketwatch
Manufacturing index measured by Federal Reserve of Philadelphia dropped more than predicted in April. The measure fell from 12.5 in March to 8.5 in April. Economists questioned by Marketwatch forecast the gauge to decline less to 10.8. Any figure above zero means that more producers are amplifying their businesses instead of contracting. 
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Fri, 20 Apr 2012 06:55:16 GMT

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