December Philadelphia FED General Business Conditions Index At 24.3
(For December 2010)
Philadelphia FED General Business Conditions Index rose to 24.3. The consensus was at 15.0, prior reading at 22.5.
Industrial production expansion will continue in December.
Chart 1. ISM vs. Regional Manufacturing Surveys
Chicago Purchasing Managers Index, Empire State Manufacturing Survey, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index, Richmond FED Manufacturing Survey