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.