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Thursday, October 15, 2015

Philly Fed index rises to negative 4.5 in October from negative 6 in September

  • Prior -6.0
  • 6m expectations 36.7 vs 44.0 prior
  • New orders -10.60 vs +9.40 prior
  • Employment -1.70 vs 10.20 prior
  • Prices paid -0.10 vs 0.50 prior
  • Capex 7.2 vs 27.20 prior
Some negative numbers there and another bad sign for manufacturing
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