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Thursday, September 17, 2009

Philly Manufacturing Strong

The Philadelphia Fed details:

The region’s manufacturing sector is showing signs of growth, according to firms polled for this month’s Business Outlook Survey. Indexes for general activity, new orders, and shipments all registered positive readings for the second consecutive month. Indexes for employment, work hours, and the prices received for manufactured goods remained negative, suggesting continued weakness.

Source: Philly Fed