Mid-Atlantic factory activity didn't grow quite as fast as anticipated, as Philly Fed revises...

|By:, SA News Editor

Mid-Atlantic factory activity didn't grow quite as fast as anticipated, as Philly Fed revises down its December Business Outlook to 20.8 from the original 24.3. The employment gauge was revised to 4.3 from 5.1. The changes come as the bank updates its seasonal factors, but the above-zero indexes still represent solid expansion.