Philly Fed business index
- Prior -5.9
- Business Index for December -10.5x vs -3.0 est.
- Employment -1.70 vs +0.80 last month
- New orders -25.60 vs 1.30 last month
- Prices paid 25.10 vs 14.80
- Prices received 13.6 vs 14.8 last month
- Shipments -10.8 vs -17.9 last month
- Unfilled orders -7.9 vs -9.8 last month
- Delivery times -16.8 vs -8.7 last month
- Inventories -4.2 vs -3.1 last month
- Avg employee workweek -5.0 vs -11.4 last month
The 6-month index rose to 12.10 vs -2.10 last month:
- Employment 1.4 vs 4.3 last month
- New orders 20.2 vs 11.3 last month
- Shipments 21.5 vs 16.3 last month
- Prices paid 19.9 vs 37.9 last month
- Prices received 28.6 vs 34.5 last month
The data surprising with employment reversing to negative. New orders plunged while prices took a pretty substantial move higher.
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