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Philly Fed Says 48 of 50 State Economies to Grow

The Federal Reserve Bank of Philadelphia today released the leading indexes for the 50 states for April 2012. The leading indexes are a six-month forecast of the state coincident indexes, which reflect current economic activity in each state.

Forty-eight state coincident indexes are projected to grow over the next six months, while two are projected to decrease (Louisiana and Rhode Island).

via Bank Releases April’s Coincident Indexes (May 22, 2012) – Philadelphia Fed.

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