Philadelphia Fed Firms Continue to See Growth
U.S. Newswire, November, 2007
To: BUSINESS EDITORS
Contact: Katherine Q. Dibling, assistant media advisor of the Federal Reserve Bank of Philadelphia, 1-215-574-4119
PHILADELPHIA, Nov. 15 /PRNewswire/ -- Federal Reserve Bank of Philadelphia today issued the following:
Activity in the region's manufacturing sector continued to expand in November at about the same modest pace as in October, according to firms responding to this month's Business Outlook Survey. Indicators for general activity and new orders remained positive and increased slightly from their readings last month. The employment index, while remaining positive, fell notably this month. Firms continued to report a rise in prices for inputs, and prices for the firms' own manufactured goods have increased in recent months. The...
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