January Philly Fed business outlook
- 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.