Philly Fed survey shows staying power in March

• March 16, 2017
• realestate
• Business & Markets, Real Estate Finance

The Federal Reserve Bank of Philadelphia’s monthly index on regional manufacturers fell to 32.8 in March from 43.3 in February, which was the highest reading in 33 years, according to data released Thursday. Economists polled by MarketWatch had expected the Philly Fed gauge to pull back to 30 in March