Philadelphia Fed Manufacturing Survey: 47.4

Actual47.4

Forecast25

Previous41.4

Surprise +2.80σ

VerdictABOVE FORECAST

ReadBonds neutral · Equities neutral

Philadelphia Fed Manufacturing Survey — Actual 47.4, forecast 25, prev 41.4. Surprise: ABOVE FORECAST by 2.8 sigma. Desk read: Bonds neutral · Equities neutral.

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