Philly Fed's Business Outlook dives to -41.3 from January's -24.3 and -25 consensus. New orders...

|By:, SA News Editor
Philly Fed's Business Outlook dives to -41.3 from January's -24.3 and -25 consensus. New orders were down and shipments fell "markedly" to the lowest in at least 40 years. Inventories remain too high, firms report.