Philly Fed Index Indicates Substantially Faster Growth In January

Datum : 16/01/2020 @ 10h28
Quelle : RTTF2
Name : Euro vs Japanese Yen (EURJPY)
Kurs : 121.03029  -0.00652 (-0.01%) @ 02h14
Euro vs Yen share price Chart

Philly Fed Index Indicates Substantially Faster Growth In January

Euro vs Yen (FX:EURJPY)
Forex Chart

2 Monate : Von Dez 2019 bis Feb 2020

Click Here for more Euro vs Yen Charts.

Growth in Philadelphia-area manufacturing activity showed a substantial acceleration in the month of January, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

The Philly Fed said its diffusion index for current general activity spiked to 17.0 in January from an upwardly revised 2.4 in December. A positive reading indicates growth in regional manufacturing activity.

Economists had expected the Philly Fed index to climb to 3.9 from the 0.3 originally reported for the previous month.

The sharp jump by the headline index reflected notable accelerations in the pace of growth in both new orders and shipments.

The new orders index surged up to 18.2 in January from 11.1 in December, while the shipments index soared to 23.4 from 15.7.

The number of employees index also climbed to 19.3 in January from 16.8 in December, indicating an acceleration in the pace of job growth.

The report also said the prices paid index increased to 22.1 in January from 15.9 in December, while the prices received index rose to 14.7 from 11.0.

Looking ahead, the survey's future activity indexes remained at relatively high readings, suggesting continued optimism about growth for the next six months.

The Philly Fed said the diffusion index for future general activity climbed to 38.4 in January from a revised 34.8 in December.

On Wednesday, the New York Fed released a separate report showing a modest acceleration in the pace of growth in regional manufacturing activity in the month of January.

The New York Fed said its general business conditions index edged up to 4.8 in January from a revised 3.3 in December, with a positive reading indicating growth in regional manufacturing activity.

Economists had expected the general business conditions index to come in unchanged compared to the 3.5 originally reported for the previous month.

Kürzlich von Ihnen besucht
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

Der Markt LS (Lang&Schwarz) wird als Realtime Indikation kostenlos angezeigt und bietet Ihnen außerbörsliche Realtime Aktienkurse in der Zeit von Mo-Fr 08:00 bis 23:00, Samstags 10:00 bis 13:00 und Sonntags an.
NYSE und AMEX Kurse sind um mindestens 20 Minuten zeitverzögert.
Alle weiteren Kurse sind um mindestens 15 Minuten zeitverzögert, sofern nicht anders angegeben.
P: V:de D:20200223 14:51:57