Manufacturing in Philadelphia Region Improves

Philadelphia, PA, Sept. 20, 2012 -- Manufacturing business in the Philadelphia region improved in September, the Philadelphia Federal Reserve said.

The bank's business-conditions index rose to -1.9 from -7.1 in August. Economists expected the index to rise to -4.0.

The index for new orders rose to 1.0 in September from -5.5 in the prior month.

                                                                                                                                                                                                                                                             
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