Diver

Philadelphia Fed Survey
Released On 8/16/2012 10:00:00 AM For Aug, 2012  
Prior Consensus Consensus Range Actual
General Business Conditions Index - Level -12.9  -5.0  -16.5  to 0.0  -7.1  


Market Consensus before announcement
The general business conditions index of the Philadelphia Fed's Business Outlook Survey improved to minus 12.9 from June's minus 16.6. Forward momentum was still not good even though the new orders index rose to minus 6.9 from June's minus 18.8. New orders are declining-just not as rapidly.