Philly Fed index rockets to 33-year high in another post-election blast (best since 1984)

Market Watch ^ | 2/16/2017 | Greg Robb

[God luvs America]

The Philadelphia Fed said its manufacturing index soared in February to a 33-year high, in another indication of improving business sentiment in the wake of a Republican election sweep.

The Philadelphia Fed index surged to a reading of 43.3 from 23.6 in January. That’s the highest level since early 1984, on a scale where any reading above zero indicates improving conditions. That is well above the MarketWatch economic consensus was for a reading of 20.

It was also the biggest one-month gain in the index since June 2009.

[God luvs America]

all over the business channels this morning....Santelli was on fire "while they're looking for boris and natasha this President is raising economic hopes!"

[Parley Baer]

News not to be seen on the msm.