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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Apple CEO Tim Cook to Step Down, John Ternus Named New Chief

Apple CEO Tim Cook holds an iPhone 17 during...

$5,250 Tax-Free Educational Assistance Extended to 20252026: IRS

The Internal Revenue Service in Washington on Jan. 6,...

Cash Use Rebounds in 2025 After Years of Decline: Reserve Bank of Australia

Australia NewsAccording to new RBA data, cash made up...

More Young Adults Show Interest in Construction, but Recruitment Challenges Remain: Report

Construction crews work to complete a new medical facility...