Investing.com - Manufacturing activity in the state of Philadelphia rose more-than-expected last month, official data showed on Thursday.
In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index rose to a seasonally adjusted 32.8, from 43.3 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 30.0 last month.
In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index rose to a seasonally adjusted 32.8, from 43.3 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 30.0 last month.