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Philly Fed August nonmanufacturing index -13.1 vs +1.4 last month

Philly Fed August nonmanufacturing index -13.1 vs +1.4 last month
Prior 1.4%Firm level activity -0.5 versus 2.0 priorNew orders -16.0 versus -13.3 priorEmployment 8.1 versus 11.9 priorWage and benefit 33.7 vs 39.8 priorFutures index 6 months forward 8.2 versus 20.5 prior. 51% of firms expecting increases in future activity down from 56% last month and 24% expect decreases up from 15% last monthThe data - although not a market mover - show continued weakness in the region. This article was written by Greg Michalowski at www.forexlive.com... Read More
Posted: Aug 22 2023, 12:31
Author Name: forexlive
Views: 102550

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