<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5582d01469beddbf76992691-1200-924/liberty-bell-philadelphia-4.jpg" border="0" alt="Liberty Bell Philadelphia"><p class="source"><span><a href="https://www.flickr.com/photos/townhero/5651145540">Flickr/townhero</a></span></p></img></div><p></p></div></div>The Philadelphia Federal Reserve's latest manufacturing report came in at 15.2, crushing expectations for a reading of 8.0. </p><p>This is the highest reading for the measure since December. </p><p>The report showed that demand for manufactured goods increased while employment also expanded and the number of firms increasing employment exceeded the number of firms trimming workers. </p><p>The report also indicated that more than 50% of firms surveyed intend to increase production in the second half of this year. </p><p>More to come ...</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/new-omega-globemaster-watch-unboxing-2015-5">Forget the Apple Watch - here's the new watch everyone on Wall Street wants</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="5iaDNwdDrYYMm2yipFb14ndbRkPnemqO" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', '5iaDNwdDrYYMm2yipFb14ndbRkPnemqO',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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BusinessInsider

Philly Fed crushes expectations

Flickr/townheroThe Philadelphia Federal Reserve's latest manufacturing report came in at 15.2, crushing expectations for a reading of 8.0. This is the highest reading for the measure since December. The report showed that demand for manufactured goods increased while employment also expanded and the number of firms increasing employment exceeded the number of firms trimming workers. The report also indicated that more than 50% of firms surveyed intend to increase production in the second half of this year. More to come ... NOW WATCH: Forget the Apple Watch - here's the new watch everyone on Wall Street wants if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', '5iaDNwdDrYYMm2yipFb14ndbRkPnemqO',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Flickr/townheroThe Philadelphia Federal Reserve's latest manufacturing report came in at 15. 2, crushing expectations for a reading of 8.

Philly Fed crushes expectations

Myles Udland

NOW WATCH: Forget the Apple Watch - here's the new watch everyone on Wall Street wants

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