Here Comes Philly Fed ...

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PhiladelphiaFlicker/Michael Righi

The Philadelphia Federal Reserve's latest manufacturing report is set for release at the top of the hour. 

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Expectations are for the come in at 26.0 down slightly from last month's blowout 40.8 reading. 

October's reading was the highest reading since December 1993, though a number of economists questioned the report, calling it "mind-boggling" among other things. 

We'll be back with the live number when it hits.