Federal Reserve Bank of Philadelphia February 2013 Business Outlook Survey
The February Business Outlook Survey indicated weakness in the region’s manufacturing sector this month. Firms reported decreases in overall activity and slight declines in new orders. A slight rise in shipments was one positive sign, along with an apparent stabilization of labor market conditions. Firms reported a continued trend of moderation in price pressures. Responses suggest that firms expect declines to be short-lived, since first quarter production is expected to rise and orders and shipments are expected to increase over the next six months.
The survey region includes Delaware.
View a complete writeup of this survey, including all tables:
February 2013 Business Outlook Survey (PDF)