Philly Fed Index

March 17, 2008 by Chris Grau · Leave a Comment
Filed under: Market Research 

The Philadelphia Fed Index is an important survey of delivered the third week of the month that gives a look into the manufacturing sector.  50% is no change.  <50 = contracting.  >50 = expansion.  The Philly Fed Index correlates with the ISM a little over 3/4 of the time and is a key inflation indicator.  The Philadelphia Fed Index has an ELEVATED impact on the markets.

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