The Philly Fed survey jumped to 16.7 in November from 11.5 in October. New orders jumped to 14.8 from 6..2. Employment improved to -0.5 from -6.8.
Leading economic indicators were up 0.3%, the seventh straight monthly rise. Last month, leaders were up 1%.
Mortgage delinquencies reached a new record at 9.64%. 4.4% of all mortgages were in the foreclosure stage. A total of 14.41% of all US mortgages are either delinquent or in the process of being foreclosed upon.
