Weak reading
- Prior was +20
Details:
- New orders 0 vs 26 prior
- Shipments -2 vs +25 prior
- Order backlog -15 vs +4
- Employment +6 vs +5 prior
- Wages +23 vs +21 prior
- Prices paid 1.37% annualized
- Prices received +1.08% annualized
Just a terrible report as the early-year optimism is wiped out.