Philadelphia Fed
![Philadelphia Fed](/assets/img/authors/unknown.jpg)
Philadelphia Fed
Coordinates: 39°57′07″N 75°09′04″W / 39.95194°N 75.15111°W / 39.95194; -75.15111...
among forecasts half higher increasing optimism previous suggesting
These forecasts are higher than in the previous survey, particularly for the first half of 2006, suggesting increasing optimism among the forecasters.
banks business district energy expect high materials prices
Nevertheless, many business firms indicated to the District Banks that they expect high prices for energy and construction materials to persist,