US November Philly Fed -19.4 vs -6.2 expected

  • Before was -8.7
  • New orders -16.2 vs -15.6 before
  • Employment +7.1 against +28.5 before
  • Average work week +1.4 vs +10.8 before
  • Capex +6.4 vs. +4.4 before
  • Prices paid +35.3 against +36.3 before
  • Future activity -7.1 vs -14.9 before
  • li>

  • Delivery time -8.8 vs -12.6 previously

The trend of this index is clear and surveys like this are forward-looking indicators. Everything points to a much tougher year in the manufacturing sector in 2023, but the question is: will the service sector and the economy follow?

This article was written by Adam Button on


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button