» Philadelphia Fed: Less Worse Decision Economics

Philadelphia Fed: Less Worse

Posted August 16, 2012 by rvillareal

The headline August Philadelphia Fed index meets expectations, improving to -7.1, from -12.9 in July (Consensus: -5.0; Decision Economics: -8.6).  Details of the report paint a picture of steady-state decline–but, unlike the Empire State Survey numbers, do not show new deterioration.

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