- Prior was +6.6
Details
- New orders +3.3 versus +3.1 last month
- Shipments +13.4 versus +22.0 last month
- Prices paid +16.7 versus +22.0 last month
- Employment +4.7 versus -3.6 last month
- prices received +3.9 versus +9.0 last month
- Inventories -4.9 versus -6.0 last month
- Six month outlook +14.3 vs +18.9 last month
This is a good report, with a slight beat on the headline and a continued fall in the prices paid component. The index for future business conditions edged down to 14.3, indicating that while conditions are expected to improve, optimism remained subdued.