Investing.com - Manufacturing activity in the state of Philadelphia rose unexpectedly 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 8.7, from -17.5 in the preceding month.
Analysts had expected Philly Fed manufacturing index to fall -9.5 last month.
In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index rose to a seasonally adjusted 8.7, from -17.5 in the preceding month.
Analysts had expected Philly Fed manufacturing index to fall -9.5 last month.