• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

US Manufacturing Activity Index Rose to 30.7 in September as New Orders Cooled

September 16, 2021 by Forex Winner Leave a Comment

US Manufacturing Activity Index Rose to 30.7 in September as New Orders Cooled

Source: Federal Reserve Bank of Philadelphia.

The Philadelphia Fed Manufacturing Index in the US jumped to 30.7 in September of 2021 from 19.4 in August, beating forecasts of 18.8, pointing out that general activity expanded faster. DXY up +0.48%, EUR USD down -0.52%

  • The US gauge for shipments improved, while the new orders and employment indexes cooled down slightly.
  • The indicators for prices paid and prices received remained elevated.
  • Most firms expect higher production and capacity utilization in the third-quarter. The median current capacity utilization rate reported among the surveyed firms was 70 to 80%, higher than the average rate of 60 to 70% reported a year ago.
  • Supply chain and labor issues were major factors contributing to the constrained capacity utilization in the U.S. economy.
  • The diffusion index for future general activity decreased for a third straight month, falling 14 points to 20.0. The firms continued to expect overall increases in employment over the next six months.
  • The survey’s future indexes indicate US consumers continue to expect growth over the next six months, despite future general activity and new orders indexes continuing to trend downwards.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Boohoo Group Lowers Revenue Targets for Fiscal 2024

October 3, 2023

Microsoft Corp. Shares Experience 1.92% Increase

October 2, 2023

Singapore Blank-Check Company to Acquire Taiwan Social-Entertainment Platform

October 2, 2023

Footer

Forex Broker Reviews

FXDD

FXDD Review

September 16, 2019 By Forex Winner

Forex Tester Review

May 16, 2023 By Forex Winner

InstaForex

InstaForex Review

December 26, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure