Business Outlook Survey

REPORT - The Federal Reserve Bank of Philadelphia has published its regular Business Outlook Survey for March 2002.

For the third consecutive month, responses from the Business Outlook Survey indicate growth in the region's manufacturing sector. Indicators for general activity, new orders, and shipments suggest growth, although levels of the indicators were not as strong as in the previous month. Overall employment among firms is lower this month, although declines were smaller than in recent

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