The forecast is that the US Philadelphia Fed Survey Report, a survey on production by manufacturers in the Third Federal Reserve District showed an increase to 7.5 compared to 5.1 recorded in the previous month. [Continue Reading]

US Employment The Fed’s Beige Book revealed the pace of economic decline had moderated or stabilized at a low level in most districts adding that the manufacturing sector remained subdued but slightly more positive than in the past. The Fed said there was still slack in the labor markets, [Continue Reading]