Fed Index
Philly Fed Index shows contraction in August, first time since July 2009
Here is the Philadelphia Fed Index: Business Outlook Survey
The survey’s broadest measure of manufacturing conditions, the diffusion index of current activity, decreased from a reading of 5.1 in July to ‐7.7 in August. The index turned negative, marking a period of declining monthly activity for the first time since July 2009 (see Chart). Indexes for new orders and
shipments also suggest a slowing this month; the new orders index fell slightly, to ‐7.1, while the shipments index turned negative, declining to ‐4.5. Indicating weakness, indexes for both delivery times and unfilled orders remained negative this month.The percentage of firms reporting a decline in employment (23 percent) was higher than the percentage (20 percent) reporting an increase.
Popular Posts
- Foreclosures Can Have Lasting Credit Effects
- Weekly Review-Giveaway, Deadly sins, Debt busters and more
- Is Your Identity at Risk from Friends and Family?
- Why the Duel Between Obama and Wall Street Over Elizabeth Warren Isn’t Only About Her
- Green Shoots at Last: Small Business Lending Finally Starting to Thaw
- Rule of Law: Why We Need to Freeze Foreclosures
- How the Foreclosure Mess Could Cause Banks to Crash
- Walking Tall: Illinois Sheriff Refuses to Evict Homeowners
- Nick Clegg appeals to Liberal Democrat party faithful
- $4 Gasoline, Again
- Bank of America to Eliminate Overdraft Fees
- Capital One Rewards Catalog 2011 Is Here
- Dollar Matters: It’s for the Kids Edition
- SmartPhone Apps For Personal Finance
- UK motorists warned of fuel price rise
Similar Posts
- Dallas Fed manufacturing survey shows activity increased in November
- Schedule for Week of July 24th
- Residential Remodeling Index
- Land Registry reports small rise in UK house prices
- Mortgage Rates and Refinance Activity
- U.S. Government Receipts as Percent of GDP
- Gas Prices Creep Up as Oil Hits $100
- Exempt vs Nonexempt Employees
- Unofficial Problem Bank list at 1,001 Institutions and Transition Matrix
- Green Shoots at Last: Small Business Lending Finally Starting to Thaw
- Your Money This Week: Hackers and Low Stock Values Overshadow Free Doughnuts
- Bank Nifty Support and Resistance Levels for 7 july 2011
- Bank Nifty Support and Resistance Levels for 14 july 2011
- Bank Nifty Support and Resistance Levels for 21 july 2011
- Update on Europe