Regional manufacturing activity survey from the Philly Fed
- Prior 22.7
- Employment 18.1 vs 22.6 prior
- New orders 29.8 vs 21.4 prior
- Shipments 23.4 vs 21.7 prior
- Capex 38.0 vs 36.7 prior
It's a minor indicator on general business conditions - the survey is on manufacturers in Philadelphia. Provides some form of general business sentiment.
A modest growth in business sentiment, largely boosted by new orders and shipments. Not the biggest of data points, but some form of positive news for the dollar at least.
