Philly Fed Manufacturing Index jumps in September, blowing past consensus


Aluminium processing plant

Ozgur Donmaz

The Philly Fed Manufacturing Index spiked to +23.2 in September from -0.3 in the earlier month, easily surpassing the +1.7 expected, according to the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey released on Thursday. That’s the highest print since January.



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