Fed Surveys Positive in January

January 20th, 2011
in econ_news

Econintersect:  Both the Philly and New York Fed survey results for manufacturinbg activity have reported growth in news releases this week.  These are volatile opinion surveys, rather than hard data which will come later in the month.  Nonetheless, these surveys are showing characteristics  similar to January, 2010, which was the first month of moderately strong first half of the year growth.

Follow up:

Analysis and discussion of the New York Fed Empire State Survey and the Philadelphia Fed Survey have been posted on GEI Analysis Blog.

Sources:  New York Fed and Philly Fed 

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