• Prior -12.8
  • Firm-level activity +12.7 vs +8.0 prior
  • New orders +10.8 vs -2.1 prior
  • Full time employment +16.5 vs +5.4 prior
  • Wage and benefit costs 46.1 vs +45.2 prior

This is a low-level indicator and not a market mover but that's a nice bounce in January.