Philadelphia Fed Business Outlook Survey, Jan 2007

According to the firms surveyed for the Philadelphia Fed's January 2007 Business Outlook Survey, economic conditions in the region's manufacturing sector improved in January.

Indicators for general activity and shipments reflect modest growth this month, although the new orders index showed virtually no growth. Consistent with modest growth in activity, input price pressures moderated again this month. Manufacturing executives were substantially more optimistic about future activity this month

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