After tumbling a shocking 41 points in October, Philly Fed's index of manufacturing conditions...

|By:, SA News Editor

After tumbling a shocking 41 points in October, Philly Fed's index of manufacturing conditions bounces back to -32.9 from -39.3, vs. -40.5 consensus. But its index of future activity falls to -14.5 from -10.4, suggesting declines will continue into 2009.