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Philadelphia Fed manufacturing index unexpectedly rose to 26.7 in April.
The Philadelphia Fed's manufacturing index unexpectedly rose to 26.7 in April, its highest level in over a year, up from 18.1 in March.
This marked a stronger-than-expected increase that defied forecasts of a decline.
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El índice de manufactura de la Fed de Filadelfia subió inesperadamente a 26,7 en abril.