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Thursday, December 2, 2021
HomeNewsEconomyPhiladelphia Fed Manufacturing Business Outlook Survey Declines in December

Philadelphia Fed Manufacturing Business Outlook Survey Declines in December

Manufacturing Export Wooden Crate, reading Made in Pennsylvania. 3D Illustration. (Photo: AdobeStock)

The Philadelphia Fed Manufacturing Business Outlook Survey fell more than expected in December, hang just above expansion territory at 0.3.

Forecasts for the volatile regional factory activity survey ranged from a low of 6.0 to a high of 12.0. The consensus forecast was 8.5.

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Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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