"Respondents to the Nonmanufacturing Business Outlook Survey reported that business activity continued to expand in the region in June," said the Federal Reserve Bank of Philadelphia on Tuesday.
- Firms continued to report growth in overall business activity. The diffusion index for general activity at the firm level rose 2 points to 28.0, moving closer to its historical average of 28.5
- The sales/revenues index increased 12 points to 37.8 in June
- The full-time employment index increased 10 points to 19.7, pushing the index above its historical average (14.4)
- Firms reported moderation in increases in input prices and in prices for their own goods and services. The prices paid index fell 9 points to 7.9
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.