Details of the US Philly Fed business outlook report 21 September 2017

  • Prior 18.9
  • New orders 29.5 vs 20.4 prior
  • Employment 6.6 vs 10.1 prior
  • Prices paid 34.4 vs 21.1 prior
  • Capex 39.0 vs 39.2 prior
  • 6m expectations 55.2 vs 42.3

Just to note, Reuters have the wrong headline number at 43.6. they also have the 6m number wrong at 21.0.

Prices paid takes the prize here, and that will be welcomed by the Fed. Prices rec’d was up too at 22.8 vs 13.5 prior.

 

 

Ryan Littlestone

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