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Article: Philadelphia Federal Reserve Bank's Manufacturing Survey Shows Signs of Improvement.
- Article from:
- Economics Week
- Article date:
- October 10, 2008
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The region's manufacturing sector showed some signs of improvement this month, according to firms polled for the September Business Outlook Survey. Indexes for general activity, new orders, and shipments improved from their readings in August. Cost pressures remain but were notably less widespread this month. The percentage of firms indicating higher prices for their own products also declined this month. Most of the survey's indicators of future activity moved higher this month, suggesting that the region's manufacturing executives expect growth in their sector over the next six months.
Current Indicators Show Improvement
The survey's broadest measure ...