Philly Fed providers survey plunges to the bottom since Might 2020

• Normal exercise (area): -42.7 vs. -32.5 prior
• Normal exercise (agency stage): -26.7 vs. -17.5 prior
• New orders: -6.9 vs. -19.5 prior
• Gross sales/revenues: -7.eight vs. -Four.7 prior
• Full-time employment: -7.2 vs. -7.5 prior
• Half-time employment: -7.9 vs. three.5 prior
• Costs paid: 46.5 vs. 36.Zero prior
• Costs obtained: -Zero.1 vs. eight.Four prior

Future indicators (six months):

• Normal exercise : -31.eight vs. -24.Zero prior (lowest since April 2020)
• Normal exercise (agency stage): -23.Zero vs. -19.eight prior

This text was written by Adam Button at www.ubaidahsan.com.



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