trending Market Intelligence /marketintelligence/en/news-insights/trending/If4gGYuRcKaYmkh8NUnX7g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Philadelphia Fed's manufacturing index tops expectations in January

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Philadelphia Fed's manufacturing index tops expectations in January

General business activity in the Third Federal Reserve District's manufacturing sector posted a better-than-expected rebound in January following a decline in the previous month, according to new survey data from the Federal Reserve Bank of Philadelphia.

The index for current manufacturing activity jumped to 17.0 this month from an upwardly revised 2.4 in December 2019, the Philadelphia Fed's Manufacturing Business Outlook Survey showed.

The consensus estimate of economists polled by Econoday was for an index reading of 3.0 in January.

The index for current new orders climbed month over month to 18.2 from a revised 11.1, and the shipments index advanced to 23.4 from a revised 15.7.

Unfilled orders declined to an index reading of negative 3.7 from a revised reading of positive 8.6, while the employment index rose to 19.3 from a revised 16.8.

The diffusion index for future general activity advanced to 38.4 from a revised 34.8, suggesting companies' continued optimism about growth for the next six months.

The Third Federal Reserve District covers eastern Pennsylvania, southern New Jersey and all of Delaware.