- Prior was +17.6
- New orders 22.1 versus 17.8 last month
- Employment 25.5 versus 41.4 last month
- Six month capex 9.6 vs 19.9 last month
- Six month outlook 2.5 vs 8.2 last month
- Prices paid 78.9 versus 84.6 last month
- Average workweek 16.2 versus 20.8 last month
- Prices received 51.7 versus 55.0 last month
- Unfilled orders 17.9 versus 5.7 last month
- Delivery times 17.5 versus 17.9 last month
- Inventories 3.2 vs 11.9 last month
The previous 'prices paid' reading was the highest since 1979 in a sign of the painful inflation problem.
The headline is the lowest since May 2020.
The special questions were about inflation. The most-notable point is the tick up in long-term inflation expectations -- something the Fed will want to guard against.
