Investing.com - Manufacturing activity in the state of Philadelphia rose more-than-expected last month, official data showed on Thursday.
In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index rose to a seasonally adjusted 9.0, from -6.3 in the prior month.
Analysts had expected Philly Fed manufacturing index to rise 3.8 last month.
In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index rose to a seasonally adjusted 9.0, from -6.3 in the prior month.
Analysts had expected Philly Fed manufacturing index to rise 3.8 last month.