August 2018 US Philly Fed manufacturing data 16 August 2018
- Prior 25.7
- New orders 9.9 vs 31.4 prior
- Prices paid 55.0 vs 62.9 prior
- Employment 14.3 vs 16.8 prior
- 6m expectations 38.8 vs 29.0 prior
- Capex 27.1 vs 31.4 prior
Big headline miss and a sharp drop in the inflation element.
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