Philadelphia Fed survey rises sharply in July

The Philadelphia Fed's Business Outlook Survey improved modestly in July. Company executives polled for the survey remain "generally optimistic" that business conditions will improve over the next six months, the survey showed.

Source: BizWorld

Regional manufacturing activity in the US improved in July, a survey from the Federal Reserve Bank of Philadelphia indicated today.

The Philly Fed's broadest measure of manufacturing conditions, the current activity diffusion index, increased to 8.3 this