Highlights of the Philadelphia area manufacturing survey:
- Best reading since
1994Dec 1993 - Prior was 20.7
- Employment 22.4 vs 12.1 prior
- Prices paid 17.3 vs 27.6 prior
- New orders 35.7 vs 17.3 — highest since 1988
- Full report (pdf)
That’s an off-the-charts reading, the kind where you have to do a double-take.
Philly Fed