June 2018 US Philly Fed business outlook index 21 June 2018

  • Prior 34.4
  • New orders 17.9 vs 40.6 prior
  • Employment 30.4 vs 30.2 prior
  • Prices paid 51.8 vs 52.6
  • 6m expectations 34.8 vs 38.7 prior
  • Capex 36.5 vs 21.6 prior

Some mixed messages. Down on orders, jobs and expectations but a good jump in investment intentions.

Ryan Littlestone

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