Investing.com - Manufacturing activity in the state of Philadelphia fell unexpectedly last month, official data showed on Thursday.
In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index fell to a seasonally adjusted -1.6, from 12.4 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 8.9 last month.
In a report, Federal Reserve Bank of Philadelphia said that Philly Fed manufacturing index fell to a seasonally adjusted -1.6, from 12.4 in the preceding month.
Analysts had expected Philly Fed manufacturing index to rise 8.9 last month.