Philadelphia Fed Business index for June -4.0 vs -1.0 expected
- Prior month was -4.0
Details:
- New Orders 2.3 vs 7.5 last month
- Shipments 8.3 versus -13.0 last month
- Unfilled orders 9.3 versus 4.9 last month
- Delivery time 13.6 versus -9.2 last month
- Inventories 3.6 versus 9.7 last month
- Prices paid 41.4 versus 59.8 last month
- Prices received 29.5 versus 43.6 last month
- Number of employees -9.8 versus 16.5 last month
- Average workweek xx versus 2.0 last month
A bit of a setback this month, especially on the future activity side.
