The latest figures for the February @phildelphiafed Manufacturing Index show an increase to +16.3. This performance is notably higher than the anticipated +7.5 and the previous month's +12.6. Breaking down the specific categories, new orders reached +11.7 compared to the prior +14.4, while shipments were recorded at +0.3 versus the previous +9.5. In terms of labor metrics, the workweek came in at -11.6 against the prior +9.1, and employment levels were reported at -1.3 compared to the previous +9.7.