Highlights of the October 2015 US Philly Fed business outlook index 15 October 2015
- Prior -6.0
- 6m expectations 36.7 vs 44.0 prior
- New orders -10.60 vs +9.40 prior
- Employment -1.70 vs 10.20 prior
- Prices paid -0.10 vs 0.50 prior
- Prices rec'd +1.3 vs -5.0 prior
- Capex 7.2 vs 27.20 prior
Some negative numbers there and another bad sign for manufacturing.
New orders, shocking. Employment, shocking. Investment, shocking. All the ingredients that spell 'slowdown'
The only tiny brightspot was the rise in prices received. Business may be pony but margins are better ;-)
USDJPY heads back below the 118.50 mark to 118.41 from 118.60
US Philly Fed manufacturing survey
