India, June 18 -- Philadelphia-area manufacturing activity expanded overall in the month of June, 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 shot up to a positive 10.3 in June from a negative 0.4 in May, with a positive reading indicating growth. Economists had expected the index to jump to a positive 10.0.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....