Manufacturing activity in the Philadelphia region, according to the November Manufacturing Business Expectations survey, continued to rise, as the index rose by 15 points to 39 points in November, the highest level since last April, compared to expectations that indicated a rise to 24.2 points.

In the details of the index, the new orders index rose by 17 points to reach 47.4, and the current shipments index rose by two points to 32.1 despite the fact that the employment index declined by 4 points to 27.2.

On the other hand, the numbers showed a decline in weekly claims for unemployment benefits in the last week ending on November 13, by 268 thousand applications, compared to 269 in the previous week (expectations at 260 thousand), recording the lowest level for first claims since March 14, 2020.

The general index of the US dollar rose by about 0.10% after the data was announced before rebounding and is now trading at 95.71 levels in weak trading today, Thursday.