January Philadelphia FED General Business Conditions Index At 19.3
(For January 2011)
Philadelphia FED General Business Conditions Index fell to 19.3. The consensus was at 20.8, prior revised (from 24.3) reading was at 20.8.
Industrial production will continue to slowly expand in January.
Chart 1. ISM vs. Regional Manufacturing Surveys
Chicago Purchasing Managers Index, Empire State Manufacturing Survey, Industrial Production, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index, Richmond FED Manufacturing Survey