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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (41623)9/15/2005 2:51:17 PM
From: ild  Read Replies (1) of 110194
 
12:01 ET Philly Fed 2.2, vs consensus of 13.3 :Federal Reserve Bank of Philadelphia today issued the following: 'The pace of activity in the region's manufacturing sector slowed in September, according to firms polled for this month's survey. Indicators for general activity and new orders fell substantially from their readings in August and suggest little to no growth this month. Shipments increased but at a slower pace, manufacturing employment and work hours were virtually steady, and firms again reported an increase in industrial prices. The region's manufacturing executives were significantly less optimistic about future activity than in August'.
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