Prior month revised to -6.21
Weak manufacturing data continues.
- prices paid 16.0 vs. 4.04 in December
- prices received 4.0 vs. -4.04 in December
- new orders -23.54 vs. -6.18 in December
- shipments -14.39 vs. 4.62 in December
- number of employees -13.0 vs. -16.16 in December
- unfilled orders -11 vs. -16.16 in December
- average work week -6.0 vs. -27.27. in December
- Inventories -6.0 vs. -12.12 in December
- Delivery Time -13.0 vs. -8.08 in December
In the month
- Of the nine categories only prices paid and prices received increased.
- business activity decline more sharply than at any time since the 2007 – 2009 recession
- all the data was revised to 2 new seasonal adjustment factors
The Manufacturing sector remains weak in the region.