- Prior was -12.8%
- Firm-level activity -16.2 vs -0.1 prior
- New orders -23.9 vs -15.4 prior
- Employment +11.5 vs +3.2 prior
This is a lower-tier indicator but the softness rhymes with soft regional numbers in other surveys.
Philly Fed April non-manufacturing index -22.8 vs -12.8 prior
- The latest service sector survey for the Philadelphia area
