June Philly Fed Business Outlook: -16.6 vs. an expected 0 (consensus range -3.0 to 4.0) and...

|By:, SA News Editor
June Philly Fed Business Outlook: -16.6 vs. an expected 0 (consensus range -3.0 to 4.0) and May's -5.8. Overall declines indicated as general activity, new orders, shipments, average work hours were all negative.