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June 2012 Business Outlook Survey Press Conference

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Published on Jun 26, 2012

Manufacturing firms responding to the Business Outlook Survey indicated weaker business conditions this month. The survey's diffusion index of current activity fell to -16.6 from a reading of -5.8 in May, its second consecutive negative reading. The survey's indicators of future activity remained positive and improved slightly. Read the press release at: http://www.philadelphiafed.org/newsro...

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