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Here comes Philly Fed...

Feb 16, 2017, 18:50 IST

Cheese steak from Pat's King of Steaks in South PhillyYuri Long/Flickr

The latest release of the Philly Fed's manufacturing outlook is expected to cross the wire at 8:30 a.m. ET.

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Economists expect the measure of mid-Atlantic manufacturing to hit 18.0 for the month, a slight fall from the 23.6 reading in January.

The 23.6 from last month was a sizable beat over expectations of 15.8 and the Empire State Manufacturing index - which measures manufacturing activity in New York - came in ahead of expectations on Wednesday as well in a stream of solid data.

We'll have the number as it crosses, so refresh the page for updates.

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