Weaknesses prevail: Philadelphia Fed survey

The latest edition of the Philadelphia Federal Reserve's influential Business Outlook Survey shows that the region's manufacturing sector is continuing to experience weaknesses.

Mike Trebing, a senior economic analyst at the Philadelphia Fed, said: "Although indexes for general activity, shipments and new orders all improved this month, they remain negative. Despite the reported weakness in activity, a significant share of the manufacturers continued to report price pressures. Most future

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