US: Philadelphia Fed Manufacturing Index drops to -31.3 in April vs. -19.2 expected – by eren_fxstreet Manufacturing EconomicIndicator Macroeconomics UnitedStates
US Dollar Index struggles to hold above 102.00 on Thursday.of Philadelphia's Manufacturing Survey dropped to -31.3 in April from -23.2 in March. This marked the lowest reading since May 2020 and was below the market expectation of -19.2.
"The employment index rose 10 points to a near-zero reading," the publication further read. "The prices paid index declined for the second consecutive month, falling 15 points to 8.2. The current prices received index fell 11 points to -3.3, its third consecutive decline and first negative reading since May 2020."lost its traction in the early American session and declined below 102.00. As of writing, the index was down 0.1% on the day at 101.85.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fed's Williams: Inflation still 'too high,' Fed will act to lower itFederal Reserve Bank of New York President John Williams said Wednesday that inflation is still at problematic levels and the U.S. central bank will act to lower it, in comments that noted recent stress in the banking sector will likely weigh on economic activity.
Leer más »
Apple Opens First Retail Store in India as It Looks to Country for ManufacturingApple opened its first retail store in India, with CEO Tim Cook celebrating the Mumbai launch in person. The company said it plans to open a second location Thursday in New Delhi, India’s capital.
Leer más »
Natalie Kaddas: On Tax Day, small businesses call on Congress to help American manufacturing competeThe United States continues to lead the world through entrepreneurship and innovation, and I am proud to be part of that leadership as the CEO of a second-generation, family-owned manufacturing company based in Salt Lake City.
Leer más »
Intel will stop manufacturing chips for Bitcoin miners: Report.intel puts a pause on Bitcoin mining chips! The company's decision to discontinue its line of Blockscale ASICs aims to prioritize certain chip manufacturing to outside customers and cut costs.
Leer más »
Alexander Dennis Repurposes Larbert Facility To Increase Zero-Emission Bus Manufacturing Capability - CleanTechnicaAlexander Dennis, a division of NFI Group Inc., one of the leading independent bus manufacturers in the world, has announced intentions
Leer más »
Video shows pizza delivery driver tripping suspect running from police outside PhiladelphiaThe suspect, whom police identified only as a 17-year-old boy, ran toward the red-shirted driver, who was limited in his response because his hands were full of pizza. He threw out a kick that tripped the runner and allowed officers to catch up.
Leer más »