April Philadelphia FED General Business Conditions Index At 18.5
(For April 2011)
Philadelphia FED General Business Conditions Index fell from 43.4 to 18.5. Consensus was at 36.9.
As I wrote march reading was clearly an outlier, so this is a kind of normalization.
Chicago Purchasing Managers Index, Empire State Manufacturing Survey, Industrial Production, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index, Richmond FED Manufacturing Survey