- Prior 9.4
- Employment index 4.8 vs 10.0 prior
- New orders -5.2 vs +5.1 prior
- Capex 19.9 vs 15.1 prior
- Prices paid 14.2 vs 18.7 prior
- 6 month expectations 40.2 vs 34.4 prior
So much for the good news earlier ad the Philly Fed survey takes a dive. New orders fall as does employment and it could be weather related once again given those components. Investment is up as expectations so it’s not as bad as the headline looks.
USD/JPY gapped down 8 pips on the release and fell further to 101.98 from 102.19
US Philly Fed index
