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Philly Fed Hits Multi-Year High

FYI: Today's release of the Philly Fed report for the month of August not only came in stronger than expected, but the General Business Conditions index hit its highest level since March 2011. While economists were forecasting a level of 19.7, the actual reading came in at 28.0, up from last month's reading of 23.9.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/8/21/philly-fed-hits-multi-year-high.html?printerFriendly=true
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