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Philly Fed July non-manufacturing index +1.4 vs -16.6 prior

Philly Fed July non-manufacturing index +1.4 vs -16.6 prior

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Adam Button
25/07/2023 | 12:32 GMT
  • Big jump in the service-sector survey
  • Prior was -16.6
  • Firm-level activity +2.0 vs -7.5 prior
  • New orders -13.3 vs -16.2 prior
  • Employment +11.9 vs -14.3 prior

This is a low-tier indicator but it certainly indicates an improvement.

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