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Philly Fed Beats Expectations

Myles UdlandOct 16, 2014, 19:30 IST

The Philly Fed manufacturing index beat expectations.

The report's headline index came in at 20.7, beating expectations for a decline to 19.8 from 22.5 last month.

In last month's report, which came in slightly below expectations, the labor market conditions index rose to its highest level since May 2011.

We'll be back with the live number when it hits.