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Posted December 15, 2011

Philadelphia manufacturing improves

The Philadelphia Federal Reserve Bank reports that regional manufacturing continued to improve in December.


All of the broad indicators remained positive and suggest a modest expansion of activity. Increases in input prices were more widespread this month, and there was an uptick in the number of firms reporting increased prices for their own goods. The broadest indicator of future activity reflected a trend of increased optimism about growth over the next six months.

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