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Philly Fed Index Surges: What it Means for U.S. Economy

Philly Fed Index Surges: What it Means for U.S. Economy

Nov. 20 (Bloomberg) -- The U.S. economy got news of strong growth in today’s Philadelphia Fed Index and existing home sales data. Bloomberg senior economist Carl Riccadonna and Bloomberg’s Michael McKee examine the numbers and what they say about U.S. economic recovery on “Market Makers.”