- Prior month was 15.9
Details:
- New Orders -1.9 vs 18.4 last month
- Shipments 4.5 vs 23.7 last month
- Unfilled orders -16.8 vs 5.7 last month
- Delivery time -5.4 vs -4.7 last month
- Inventories -6.2 vs -1.3 last month
- Prices paid 66.8 vs 58.8 last month
- Prices received 36.1 vs 34.8 last month
- Number of employees 5.9 vs 10.3 last month
- Average workweek 4.7 vs 0.4 last month
This is a volatile and rarely a market moving indicator. On balance, the firms indicated an increase in employment, and the price indexes rose further above their long-run averages. The survey’s broad indicators for future activity suggest that firms continue to expect growth over the next six months.
