The FX PostThe FX Post
    What's Hot

    FlatQube Trade Volume, Trade Pairs & Trust Score

    November 7, 2022

    Step Guide to Winning Forex Trading

    September 19, 2022

    Relationship Between Currency Risk and Foreign Bonds

    September 2, 2022
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home ยป 59% of Firms Optimistic About Growth over the Next Six Months: Outlook Survey
    Forex News

    59% of Firms Optimistic About Growth over the Next Six Months: Outlook Survey

    July 15, 20211 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Factory, vector on a blue background
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    The manufacturing activity in Philadelphia continued to rise this month despite slowed down in general activity, shipments, and new orders.

    • The diffusion index for current manufacturing activity declined to 21.9 in July from 30.7 in June. 33% of firms reported an increase in current activity in July, while only 11% reported decline in manufacturing activity.
    • Despite decline in price indexes, the firms continued to report price pressures. Price paid index dropped 11 points to 69.7 in July after hitting a 42-year high in June.
    • The firms are still optimistic about growth. Nearly 59% of the manufacturing firms expect increases in activity in the next 6 months.
    • 63% of the firms expect an increase in employment in the next 6 months, while 6% expect a decline in employment.

    Firms were concerned with a potential increase in wages by 4 to5% and increase in total compensation by the same percentages in 2021.

    EUR USD slips -0.13%, DJI gains +0.0080%

    Source: Federal Reserve Bank of Philadelphia.

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    manufacturing
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    JPMorgan Chase & Co

    JPMorgan Strategists See Equity Stress Relieving in Second Fifty Percent

    June 21, 2022
    US Fed Hikes Benchmark Interest Rate

    US Fed Hikes Benchmark Interest Rate by 0.75% to 1.75%, Highest Level since March 2020

    June 16, 2022
    European Shares

    European Shares Edged Up Before Fed Rate Hike as ECB Explores Crisis Strategy

    June 15, 2022
    US Inflation Jumps

    US Inflation Jumps to Hit Fresh 40-Year Record-High of 8.6%

    June 10, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    7  +  2  =  

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • FlatQube Trade Volume, Trade Pairs & Trust Score
    • Step Guide to Winning Forex Trading
    • Relationship Between Currency Risk and Foreign Bonds
    • Best Social & Copy Trading Platforms
    • Bitcoin Dips Listed Below $20,000 With Fundstrat Considering ‘Last Washout’
    Featured Reviews
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    CryptoHero

    CryptoHero Review: Pros, Cons, Recommendations

    June 3, 2022
    Bitsgap

    Bitsgap Review: Pros, Cons, Recommendations

    April 29, 2022
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2023, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.