Philadelphia Fed July manufacturing business index -13.5 vs -10.0 expected

  • Philadelphia Fed business index for July 2023
Philly Fed
  • 11th consecutive negative month for the Philly Fed index
  • Six-month index +29.1 versus +12.7 last month
  • Capex index +8.6 versus +9.9 last month
  • Employment index -1.0 versus -0.4 last month
  • Prices paid +9.5 versus +10.5 last month
  • New orders -15.9 versus -11.0 last month

There has been an ongoing pickup in the six-month index, in a sign that manufacturers are seeing stabilization, if not a pickup in business

six-month index Philly Fed
six-month index Philly Fed

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access