Big jump on reopening
- Highest since March 2012
- New orders 27.4 vs 16.5 prior
- Full time employment 4.3 vs 24.0
- Firm level business activity 56.7 vs 22.1 prior
- Full report
This is a low-tier indicator but it highlights the pick up in business along with the slow pace of hiring. That's a paradigm that can't last.