Rebound in in the Philly Fed no-manufacturing data
- firm level business activity index 29.2 and Fed versus -0.2 in January
- employment index 22.0 in February versus 9.4 in January
- new orders 16.5 and February versus -3.1 in January
- wages and benefits 38.5 in February versus 29.8 January
- unfilled orders 5.0 in February versus 5.5 in January
- inventories 3.0 February versus 6.5 in January
- prices paid 16.3 in February versus 26.3 in January
- prices received by .1 February versus 14.9 in January
- full time jobs 22.0 versus 9.4 January
- part-time jobs in 2.3 in February versus 5.6 in January
- average workweek 18.5 versus 5.2 January
- capital expenditures for plant 14.8 versus 17.9 in January
- capital expenditures equipment by 6.4 versus 18.8 in January
Overall, better numbers for the nonmanufacturing sector in the Philadelphia region.