» Philadelphia Fed: Sliding Less Fast Decision Economics

Philadelphia Fed: Sliding Less Fast

Posted July 19, 2012 by Editor

[private]The headline July Philadelphia Fed index improves by less than expected, rising only to -12.9 (Consensus: -8.0; Decision Economics: -13.0) from the -16.6 June level.  Component indexes–running completely independent of the headline number–improve very marginally more than the headline, but also remain tipped  significantly to the downside.

US_12-0719_E3[/private]