U.S. September Philadelphia Business Outlook Report (Text)
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The following is the text of the Philadelphia area manufacturing activity from the Federal Reserve Bank of Philadelphia.
Firms responding to the Manufacturing Business Outlook Survey indicated continued growth in the region’s manufacturing sector in September. Although the current activity index fell from its relatively high reading in August, the other broad indicators increased from their readings last month. The survey’s indicators for future manufacturing conditions reflect general optimism about growth in activity and employment over the next six months.