US Philadelphia Fed business outlook for May 38.8 vs. 18.5 estimate

Author: Greg Michalowski | Category: News

Philadelphia Fed business outlook for May


A big beat for the Philadelphia Fed business outlook index for May at 38.8 vs 18.5 estimate. Last month the index came in at 22.0.


  • Prices paid index 24.2 versus 33.7
  • Prices received a 15.3 versus 16.6
  • Employment 17.3 versus 19.9
  • Average work week 21.7 versus 18.9
  • New orders 25.4  versus 27.4 last month
  • unfilled orders 9.0 versus 6.6 last month
  • delivery Time 6.4 versus 13.2 Last month
  • inventories 1.4 versus 17.8 last month
The forecast range was from 10.0 to 26.0. A strong beat for the index.
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