Central Banks Forex Market Intelligence News

Philly Fed non-manufacturing regional business activity -14.9 vs +2.5 prior

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  • Regional business activity -14.9 vs +2.5 prior
  • Firm-level business activity +11.2 vs +19.5 prior
  • Employment +13.3 vs +12.26 prior
  • New orders -5.5 vs -1.1 prior
  • Wage and benefit cost index 49.9 vs 49.2 prior

This is a low-tier indicator but it’s showing some softness. We’ll get the Richmond Fed later.


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