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HomeNewsEconomyPhiladelphia Fed Manufacturing Business Outlook Survey Dips for April

Philadelphia Fed Manufacturing Business Outlook Survey Dips for April

A manufacturing assembly line at the Heinz factory in Pittsburgh, Pennsylvania. (Photo: Courtesy of Heinz)
A manufacturing assembly line at the Heinz factory in Pittsburgh, Pennsylvania. (Photo: Courtesy of Heinz)
A manufacturing assembly line at the Heinz factory in Pittsburgh, Pennsylvania. (Photo: Courtesy of Heinz)

The Philadelphia Fed Manufacturing Business Outlook Survey declined from 10.2 in March to 8.5 in April, slightly missing the forecast.

The consensus forecast was looking for a reading of 10.2, ranging from a low of 4.0 to a high of 11.0.

PriorConsensusRangeActual
General Business Conditions Index – Level13.710.24.0 – 11.08.5

Released on March 18, 2019 at 8:30 AM EST for April, 2019.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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