-9.1 C
Ottawa
Saturday, December 20, 2025

Manufacturing Activity Surges to 2025 High: Philadelphia Fed

Date:

Manufacturing Activity Surges to 2025 High: Philadelphia Fed

President Donald Trump tours U.S. Steel–Irvin Works in West Mifflin, Pa., on May 30, 2025. Saul Loeb/AFP/Getty Images

Manufacturing activity in the U.S. Mid-Atlantic region jumped sharply in September, beating expectations and reaching its strongest level this year, the Federal Reserve Bank of Philadelphia reported on Sept. 18.

The bank’s monthly Manufacturing Business Outlook Survey showed its current general activity index rising by a whopping 24 points to 23.2 in September, well above the 1.7 Bloomberg consensus forecast and exiting sub-zero territory that it slumped into last month.

About the author: Tom Ozimek
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Half a Million People Signed This PetitionWhats It About?

More than half a million people worldwide have signed...

TikTok Signs Deal With US Investors to Form Data Security Joint Venture

The TikTok logo is placed on a U.S. flag...

US Drops Uganda Deportation Bid for Man Who Filmed Chinas Uyghur Prison Camps

An alleged detention facility in northwestern Xinjiang region, China,...

Delaware Supreme Court Restores Elon Musks $55 Billion Tesla Pay Deal

Elon Musk, chief executive officer of SpaceX and Tesla,...