Improvements in Production-Related Indicators

Improvements in Production-Related Indicators Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.52 in December from +0.31 in November. Three of the four broad categories of indicators used to construct the index made positive contributions in December. The index's 3-month moving average (CFNAI-MA3) ticked up to +0.61 in [...]

2021-02-01T12:20:14-05:00A View|

Firms Expect Growth Over Next Six Months

Firms Expect Growth Over Next Six Months Firms expect growth over the next six months, indicated by the high future index readings in the Federal Reserve Bank of Philadelphia January 2021 Manufacturing Business Outlook Survey. It reports manufacturing activity continued to grow, according to firms responding to the survey. The survey's current indicators for general [...]

2021-01-25T13:45:06-05:00A View|

December Manufacturing PMI Up

December Manufacturing PMI Up 3.2% The December Manufacturing PMI up 3.2 percentage points from the November reading, registered 60.7 percent ... the manufacturing economy continued its recovery in December.  According to the Institute for Supply Management (ISM) December 2020 ISM Report on Business, economic activity in the manufacturing sector grew in December and the overall [...]

2021-01-11T10:42:11-05:00A View|
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