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Philadelphia Fed Business Outlook Survey

REPORT - Activity in the region's manufacturing sector weakened this month, according to firms surveyed for the October Business Outlook Survey. Indicators for general activity, new orders, and shipments declined from their readings in September. Overall employment among firms is lower again this month. Expectations for growth over the next six months remain optimistic.

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Indicators Suggest Weakening

The diffusion index of current activity fell notably

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