Philadelphia Fed Business Outlook Survey, May 2004

According to the firms surveyed for the Philadelphia Fed's Business Outlook Survey, May 2004 activity in the region's manufacturing sector continues to expand. Indicators for employment and prices received were up from their April readings, the survey said.

Activity in the region's manufacturing sector continues to expand, according to firms surveyed for this month's Business Outlook Survey. Although indicators for general activity and new orders fell from their April readings, they remained a

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