![Philly fed nonmanufacturing](https://images.forexlive.com/images/Philly%20fed%20nonmanufacturing_id_5f6e4890-047c-4a6a-98f1-77b3169cf6c7_original.jpg)
- New orders -15.4 vs +6.2 prior
- Future index -3.5 vs +12.4 prior
There has been some weakness so far in monthly manufacturing surveys and now it's creeping into non-manufacturing. It's a low-tier indicator but the Fed will be thinking about everything ahead of tomorrow's decision.