US January Philly Fed 22.2 vs 25.0 expected
January manufacturing PMI for the Philadelphia area
- Prior was 27.9
- New orders 10.1 vs 28.2 prior
- Prices paid 32.9 vs 27.8 prior
- Employment 16.8 vs 19.7 prior
- Prices received 25.1 vs 12.6 prior
Solid report but the dip in new orders is a bit concerning. The rise in prices paid/received is something that's appearing more and more in surveys.