» Philadelphia Fed: Volatile Confidence Decision Economics

Philadelphia Fed: Volatile Confidence

Posted May 17, 2012 by Editor

[private]The May Philadelphia Fed survey weakens on every important score, with the only redeeming feature being that the indexes themselves have not been taken too deeply into negative territory.¬† The message is clearly of shaky activity for Philadelphia-area manufacturers, and–potentially more important under current conditions–that there has been a significant effect on business confidence. US_12-0517_E2[/private]