Manufacturing Rebound

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Things are looking up for the manufacturing industry, at least in the Northeast. Today, the Federal Reserve Bank of Philadelphia released its business outlook survey results for April, which showed a notable increase in new orders and shipments. Plus, general expectations for the next six months is increasingly optimistic. But despite new orders, employment levels stayed fairly constant. Many economists look to the manufacturing sector as an indication of the economy's future health.

The full results of the survey can be found here.

Last updated: Apr 15, 2004




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