Manufacturers Report No Growth in April
U.S. Newswire, April, 2007
To: BUSINESS EDITORS
Contact: Katherine Q. Dibling, assistant media advisor, Federal Reserve Bank of Philadelphia, 1-215-574-4119 or katherine.dibling@phil.frb.org
PHILADELPHIA, April 19 /PRNewswire/ -- Federal Reserve Bank of Philadelphia today issued the following:
Activity in the region's manufacturing sector was basically unchanged again this month, according to firms polled for the Business Outlook Survey. The index for general activity was near zero, and indicators for new orders, shipments, and employment were only slightly positive, suggesting little change from March. Regarding future activity, the region's manufacturing executives were somewhat more optimistic this month than they were in March.
Growth in Manufacturing Stalled
The...
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