FOREX TradingCharts.com

Financial News: Philly Fed Index Jumps More Than Expected In

Philly Fed Index Jumps More Than Expected In May

05/15/2025 - 09:00:00 (RTTNews)

(RTTNews) - Philadelphia-area manufacturing activity remained weak in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

The Philly Fed said its diffusion index for current general activity jumped to a negative 4.0 in May from a negative 26.4 in April, but a negative reading still indicates contraction. Economists had expected the index to climb to a negative 11.0.

Looking ahead, the Philly Fed said firms continued to expect growth over the next six months, with the diffusion index for future general activity soaring to 47.2 in May from 6.9 in April.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia Building Approval Data Due On Friday (48 min(s), 49 sec(s) ago)
(RTTNews) - Australia will on Friday release April figures for building approvals, highlighting a ...Full Story»

ECB Cuts Interest Rates By 25 Bps As Inflation Forecasts Lowered (03 hr(s), 08 min(s), 49 sec(s) ago)
(RTTNews) - The European Central Bank slashed its interest rates by 25 basis points on Thursday, i ...Full Story»

ECB Cuts Interest Rates By 25 Bps As Inflation Forecasts Lowered (03 hr(s), 10 min(s), 49 sec(s) ago)
(RTTNews) - The European Central Bank slashed its interest rates by 25 basis points on Thursday, i ...Full Story»

Treasury Reveals Details Of Long-Term Securities Auctions (07 hr(s), 12 min(s), 49 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday revealed the details of this month's auctions ...Full Story»

Austria Wholesale Prices Fall 0.5% (08 hr(s), 06 min(s), 49 sec(s) ago)
(RTTNews) - Austria's wholesale prices decreased for the fourth successive month in May, figur ...Full Story»

U.S. Labor Productivity Slumps 1.5% In Q1, Much More Than Previously Estimated (08 hr(s), 47 min(s), 49 sec(s) ago)
(RTTNews) - Revised data released by the Labor Department on Thursday showed U.S. labor productivi ...Full Story»

U.S. Trade Deficit Narrows Substantially In April As Imports Plummet (09 hr(s), 04 min(s), 49 sec(s) ago)
(RTTNews) - Largely reflecting a sharp pullback by the value of the imports, the Commerce Departme ...Full Story»

Eurozone Producer Prices Decline On Energy Prices (09 hr(s), 11 min(s), 49 sec(s) ago)
(RTTNews) - Eurozone producer prices declined for the second straight month in April due to the sh ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Building Approval Data Due On Friday

06/05/2025 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Friday release April figures for building approvals, highlighting a ...Full Story>>

ECB Cuts Interest Rates By 25 Bps As Inflation Forecasts Lowered

06/05/2025 - 15:40 PM (RTTNews)
(RTTNews) - The European Central Bank slashed its interest rates by 25 basis points on Thursday, i ...Full Story>>

ECB Cuts Interest Rates By 25 Bps As Inflation Forecasts Lowered

06/05/2025 - 15:38 PM (RTTNews)
(RTTNews) - The European Central Bank slashed its interest rates by 25 basis points on Thursday, i ...Full Story>>

Treasury Reveals Details Of Long-Term Securities Auctions

06/05/2025 - 11:36 AM (RTTNews)
(RTTNews) - The Treasury Department on Thursday revealed the details of this month's auctions ...Full Story>>

Austria Wholesale Prices Fall 0.5%

06/05/2025 - 10:42 AM (RTTNews)
(RTTNews) - Austria's wholesale prices decreased for the fourth successive month in May, figur ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.