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August 2012 Business Outlook Survey Press Conference

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Published on Aug 16, 2012

Manufacturing firms responding to the Business Outlook Survey continued to report weakness in overall business conditions in August. The survey's diffusion index of current activity increased to -7.1 from a reading of -12.9 in July, marking the fourth consecutive negative reading for the index but also its highest reading since May. Read the press release at: http://philadelphiafed.org/newsroom/p...

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