Philly Fed Manufacturing Unexpectedly Falls in May

Philly Fed Manufacturing Unexpectedly Falls in May Play

May 16 (Bloomberg) -- Bloomberg's Scarlet Fu reports that manufacturing in the month of May for the Philadelphia region unexpectedly contracted for the first time in three months to minus 5.2 from 1.3 the prior month and also runs down the day's other economic data. She speaks on Bloomberg Television's "Market Makers."

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