The Philadelphia Fed's manufacturing business outlook survey for March topped expectations, suggesting continued growth in the region's manufacturing sector.
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Philly Fed beats expectations
The Philadelphia Fed's manufacturing business outlook survey for March topped expectations.
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The index posted a reading of 32.8, against economists' expectations of 30, down from 43.3 in February, its highest reading since 1984.
The survey gauges manufacturing conditions in the Philadelphia Federal Reserve district.
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