Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/17/2014 10:10:00 AM Write a Letter to the Editor Write a letter to the Editor

Manufacturing Expands in Philadelphia Area

Paul Taggart/Bloomberg News

Manufacturing activity in the Philadelphia region expanded in April, the Federal Reserve Bank in that district said April 17.

The regional Fed’s index rose to a 16.6 reading from 9 in March. Readings below zero indicate contraction, and those above zero show expansion.

The reading was above economists’ median forecast of 10, Bloomberg News reported. New orders rose to a reading of 14.8 from 5.7 the prior month.

Manufacturers in the Philadelphia Region are less optimistic about the future with the outlook index for six months from now declining to 26.6 from 35.4 in March, Bloomberg reported.

The Philadelphia Fed surveys about 100 manufacturers for the index in eastern Pennsylvania, Delaware and southern New Jersey.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.

Tonnage Index Rises 4.5% (11/24/2014 4:00:00 AM)
October Truck Sales Top 22,000 (11/24/2014 3:45:00 AM)
LiveOnWeb Replay: The 2014 Top 50 Logistics Companies (11/20/2014 11:30:00 AM)
S.C. Ports Volume Rises 17% in October (11/20/2014 10:40:00 AM)
New Technology Will Transform Trucking, Jacobs Says (11/18/2014 9:40:00 AM)
Industrial Output Falls in October (11/17/2014 9:10:00 AM)


Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement