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US November Philly Fed -19.4 vs -6.2 expected

US November Philly Fed -19.4 vs -6.2 expected
  • Prior was -8.7
  • New orders -16.2 versus -15.6 prior
  • Employment +7.1 versus +28.5 prior
  • Avg workweek +1.4 vs +10.8 prior
  • Capex +6.4 vs +4.4 prior
  • Prices paid +35.3 versus +36.3 prior
  • Future activity -7.1 vs -14.9 prior
  • Delivery times -8.8 vs -12.6 prior

The trend in this index is clear and surveys like this are forward-looking indicators. Everything points to a much-leaner year in manufacturing in 2023 but the question... Read More

Posted: Nov 17 2022, 13:30
Author Name: forexlive
Views: 111554

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