Philadelphia Fed Business Outlook Survey, Apr 2007

According to the firms surveyed for the Philadelphia Fed's April 2007 Business Outlook Survey, activity in the region's manufacturing sector was basically unchanged again this month.

The index for general activity was near zero, and indicators for new orders, shipments, and employment were only slightly positive, suggesting little change from March. Regarding future activity, the region's manufacturing executives were somewhat more optimistic this month than they were in March.

Philadelphia

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