Philly area manufacturing rebounds
Manufacturing activity rebounded this month, according to firms responding to the Philadelphia Federal Reserve Bank December Business Outlook Survey.
Following reported declines in business activity in late October and early November from the effects of Hurricane Sandy, most of the survey’s measures showed notable improvement this month. The survey’s broad indicators of future activity also showed improvement this month.
The survey’s broadest measure of manufacturing conditions, the diffusion index of current activity, increased from a reading of ‑10.7 in November to 8.1.
Refer to the Regional Manufacturing Surveys page of Industrial Supply magazine for the latest reports on manufacturing in other regions of the United States.
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.
