A look at the service sector from the Philly Fed
- New orders 25.4 vs 24.5 prior
- Wages 38.2 vs 43.8 prior
- Full-time employment 18.3 vs 33.3 prior
- Firm-level activity 39.2 vs 38.3 prior
The headlines are close to expectations but there is a considerable cooling in the jobs and wages components.
