Philly Fed: Manufacturing uptick
Manufacturers responding to the March Business Outlook Survey reported slight increases in business activity this month.
Indicators for general activity and new orders increased notably, following negative readings over the previous two months. Indicators for shipments and employment remained positive and improved slightly this month. Changes in the survey’s broad indicators of future activity were mixed but continued to reflect general optimism about growth over the next six months.
The survey’s broadest measure of manufacturing conditions increased from a reading of -12.5 in February to 2.0 this month.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
