Some revisions from the Philly Fed

The Philly Fed were out with some revisions to their recent report for December earlier.

  • Business outlook index 27.9 vs 26.2 prior
  • New orders 28.2 vs 29.8 prior
  • Prices paid 27.8 vs 25.4 prior
  • Employment 19.7 vs 18.1 prior
  • 6m expectations 52.7 vs 53.5 prior
  • Capex 38.5 vs 38.0 prior

On the whole, better numbers but this report isn’t a big market mover when it’s first reported so the revisions get little attention.

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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