3:40 AM MYT HOUSTON, Jan. 21 (Xinhua) U.S. Federal Reserve Bank of Philadelphia on Thursday reported that regional manufacturing activity continued to grow in January. According to the January Manufacturing Business Outlook Survey, the current indicators for general activity, new orders, and shipments increased notably this month and remained positive for the eighth consecutive month. The survey s future indexes remained at high readings and continue to indicate that firms expect growth over the next six months. The diffusion index for current activity increased from a revised reading of 9.1 in December to 26.5 in January. The percentage of firms reporting increases this month exceeded the percentage reporting decreases.
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HOUSTON, Dec. 17 (Xinhua) U.S. Federal Reserve Bank of Philadelphia on Thursday reported that regional manufacturing activity continued to grow in December, but growth was less widespread.
According to the December Manufacturing Business Outlook Survey, the current indicators for general activity, new orders, and shipments remained positive for the seventh consecutive month but fell notably from their readings in November. Some future indexes also moderated this month but continue to indicate that firms expect growth over the next six months.
The diffusion index for current activity fell 15 points to 11.1 in December, its lowest positive reading following its fall to long-term lows in April and May.
Manufacturing activity in the region continued to grow, but growth was less widespread, according to firms responding to the December Manufacturing Business Outlook Survey. The survey’s current indicators for general activity, new orders, and shipments remained positive for the seventh consecutive month but
fell notably from their readings in November. Some future indexes also moderated this month but continue to indicate that firms expect growth over the next six months.
The
diffusion index for current activity fell 15 points to 11.1 in December, its lowest positive reading following its fall to long-term lows in April and May. On balance, fewer firms reported increases in manufacturing employment this month. The current employment index has remained positive for six consecutive months but decreased 19 points to 8.5 in December.
2020-12-17 17:35:36 GMT2020-12-18 01:35:36(Beijing Time) Xinhua English
HOUSTON, Dec. 17 (Xinhua) U.S. Federal Reserve Bank of Philadelphia on Thursday reported that regional manufacturing activity continued to grow in December, but growth was less widespread.
According to the December Manufacturing Business Outlook Survey, the current indicators for general activity, new orders, and shipments remained positive for the seventh consecutive month but fell notably from their readings in November. Some future indexes also moderated this month but continue to indicate that firms expect growth over the next six months.
The diffusion index for current activity fell 15 points to 11.1 in December, its lowest positive reading following its fall to long-term lows in April and May.
U S regional manufacturing growth less widespread in December: survey - Xinhua xinhuanet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xinhuanet.com Daily Mail and Mail on Sunday newspapers.