The Philly Fed manufacturing index came in at -1.8 for May. Economists had forecast that the index of general activity rose to 3 after dipping to 1.6 last month, according to Bloomberg. They are looking into this report for clues about whether the manufacturing recovery is taking longer than expected. The Empire State Manufacturing index out Monday unexpectedly fell to -9.02 after rising to a 15-month high of 9.56 in April. This month's Philly Fed survey asked manufacturers about expected changes in prices received for goods and services over the next year. Refresh this page for updates. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
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