Home / Forex News / Philly Fed Index Indicates Significantly Slower Growth In December

Philly Fed Index Indicates Significantly Slower Growth In December

The Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth in regional manufacturing activity slowed by much more than anticipated in the month of December. The report said the Philly Fed Index tumbled to 11.1 in December after falling to 26.3 in November.
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