Philadelphia Fed business outlook for August.
- general business activity index 17.2 vs. 24.1 last month
- new orders 19.0 vs. 23.0 last month
- shipments 9.4 vs. 15.3 last month
- number of employees 9.0 vs. 20.1 last month
- average workweek 11.3 vs. 17.2 last month
- price is paid 15.3 vs. 50.7 last month
- prices received 12.4 vs. 11.5 last month
- unfilled orders -0.6 vs. 3.9 last month
- delivery time 7.3 vs. -6.4 last month
- inventories -1.9 vs. -11.8 last month
The forward-looking six-month business outlook index rose to 38.8 from 36.0 last month. Some highlights:
- Number of employees 29.5 vs. 32.4 last month
- new orders 55.1 vs. 55.6 last month
- shipments 46.9 vs. 51.3 last month
- prices paid 37.7 vs. 43.0 last month
- prices received 30.2 vs. 24.7 last month
