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Philly Fed Slightly Weaker Than Expected

FYI:After hitting a four-year high in August, the September reading for the Philly Fed Manufacturing survey declined from 28.00 down to 22.5, which was slightly below the consensus forecast of 23.0. In spite of the decline, manufacturing in the region remains steadily positive, confirming the strength we saw earlier in the week from the Empire Manufacturing report.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/9/18/philly-fed-slightly-weaker-than-expected.html?printerFriendly=true
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