January Philly Fed business outlook

Philly Fed
  • Prior was +9.1
  • Prices paid 45.4 vs 24.9 prior -- highest since Aug 2018
  • New orders 30.0 vs 1.9 prior
  • Employment 22.5 vs 5.6 prior
  • Six month index 52.8 vs 43.1 prior

This is a very strong report and points to a continued rebound in manufacturing.