US Philadelphia Fed Business Conditions Index drops significantly to minus 24.3 in February | Reuters
The Federal Reserve Bank of Philadelphia released a manufacturing index of -24.3 in February, an unexpected drop from -8.9 in the previous month. March 2022 (2023 REUTERS/Elijah Nouvelage) (Reuters) – The Philadelphia Federal Reserve’s manufacturing index fell sharply to -24.3 in February, unexpectedly worse than -8.9 in the previous month. Input cost growth accelerated for … Read more