Philly Fed business outlook for June 19.9 vs 29.0 expected - ConsultFX

Philly Fed business outlook for June 19.9 vs 29.0 expected

Lower than expected The Philadelphia Fed business outlook for June came in at 19.9 versus 29.0 expectations. That was much lower than the 34.4 from May. A disappointing number after the spike higher in May.  The number is the lowest since November 2016.