October Philadelphia FED General Business Conditions Index At 1.0
(For October 2010)
Philadelphia FED General Business Conditions Index rose to 1.0. The consensus was at 2.0, prior reading at -0.7.
Slightly improved, but still close to contraction.
Chart 1. ISM vs. Regional Manufacturing Surveys
Chicago Purchasing Managers Index, Empire State Manufacturing Survey, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index