MW: Philly Fed survey shows mild improvement for April
WASHINGTON (MarketWatch) -- The Philadelphia Fed manufacturing index rose to a reading of 7.5 in April from 5 in March. That's above the MarketWatch-compiled economist forecast for a reading of 6, on an index where any reading above zero indicates improving conditions. The index has hovered in a single-digit range for the first four months of this year, the Philly Fed said.
