A slight improvement in current conditions for manufacturing in the region, but still negative. Feelings about New Orders improved and jumped into positive territory. Similar to the New York release, trending in the right direction.
Macro: Philly Fed
About the Author: Douglas R. Terry, CFA
Douglas Terry is a Senior Vice President at Alhambra Investments, a fee-only Investment Advisory firm doing business since 2006. Alhambra Investments specializes in all-weather, highly diversified, multiple asset class portfolios. Give us a call today at 1-888-777-0970 or via email at [email protected] and we’d be happy to arrange for one of our investment professionals to discuss your situation with you – completely complimentary. Let’s start the conversation today.
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