HERE COMES PHILLY FED MANUFACTURING...
Advertisement
Heads up! We are minutes away from the release of the results of the Philadelphia Fed's April Business Outlook Survey, due out at 10 AM ET.
Advertisement
The report's headline index is expected to advance to 10 from last month's 9 reading, indicative of a pickup in the pace of improvement of business conditions for regional manufacturers.
The index is a favorite of Goldman Sachs chief economist Jan Hatzius, who says that more than any other indicator, it contains "a statistically significant and economically meaningful amount of information for growth."
We will have the full release LIVE at 10 AM ET. Click here to refresh for the latest updates »
Advertisement
- I spent 2 weeks in India. A highlight was visiting a small mountain town so beautiful it didn't seem real.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- Essential tips for effortlessly renewing your bike insurance policy in 2024
- Indian Railways to break record with 9,111 trips to meet travel demand this summer, nearly 3,000 more than in 2023
- India's exports to China, UAE, Russia, Singapore rose in 2023-24
- A case for investing in Government securities
- Top places to visit in Auli in 2024