Philly Fed Manufacturing Index: Activity Jumps to Highest Level Since April 2021

Published on January 16, 2025

The latest Philadelphia Fed manufacturing index jumped to its highest level since April 2021 as manufacturing activity increased overall. In January, the index rose to 44.3 from -10.9 in December, the largest monthly increase since June 2020. The latest reading was much higher than the forecast of -5.0.

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