Philly Fed Business Outlook

Apr. Philly Fed Business Outlook: +16.6 vs. +10.0 expected, +9.0 previous.

Comments (4)
  • Grant Dossetto
    , contributor
    Comments (200) | Send Message
    The Philly Fed has turned into a volatility index. Wild swings happen every month. It is a shame that a once important data point has become worthless. I now look to the Dallas Fed number to judge economic health.
    17 Apr 2014, 10:03 AM Reply Like
  • bbro
    , contributor
    Comments (11238) | Send Message
    This is an indicator that is fraught with false predictiveness
    17 Apr 2014, 10:06 AM Reply Like
  • mrdirt
    , contributor
    Comments (768) | Send Message
    According to the latest data posted on BLS website, Philly region's Unemployment rate is approx 9%.
    17 Apr 2014, 05:56 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (13559) | Send Message
    The only thing that is rising is oil prices, food prices, electricity, water, medical insurance prices (just wait for your renewal. The only reason it is somewhat masked is because ACA agrees to charge the massive increases on the taxpayer through the government), and education. What is falling is housing prices and soon to be equities because the Federal Reserve can't allow out of control food inflation (and its out of control already).


    Business rising in this environment... dream on. Interest rates are rising, inflation is rising, retail sales is dropping, as is real estate. How exactly is this a bullish environment? Do the people in the study have their heads in the sand or something?
    17 Apr 2014, 11:45 PM Reply Like
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