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May Philadelphia Fed Business Outlook Survey rose strongly from April

Results from the May Manufacturing Business Outlook Survey suggest a pickup in growth of the region's manufacturing sector, with the diffusion index for current general activity increasing 11 points, from 23.2 in April to 34.4 this month.

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This post first appeared on The Housing Chronicles, please read the originial post: here

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May Philadelphia Fed Business Outlook Survey rose strongly from April

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