Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  January 17, 2013 16:44:52

U.S. - General and the Philadelphia area manufacturing activity unexpectedly fell in January


According to the index of the Federal Reserve Bank of Philadelphia dropped general economic activity in the area at -5.8 points vs -4.6 points in December last year. The market on average counted decline to -5.6 points in the overall estimates range from -3 to -10 points. The decline in activity could signal that businesses are increasingly expected extraordinary reduction in government spending due to the inability of politicians to find common ground over the extent of cuts and an increase in the debt ceiling, which still threatens collapse of public finances from the fiscal cliff.

Sub-index of new orders in January to offend 4.3 points from December's 4.9 points.
Supply index fell from 14.7 to 0.4 points, the index of stocks in an improved -6.5 -7.8 points compared to December's point. Employment index fell to -5.2 points -0.2 points from December.
Input price index fell to 14.7 from 23.5 points, the output price index fell to -1.1 +12.4 points compared to the previous.

The decline in activity at the beginning of this week also showed a region of New York.
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