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Tuesday, February 23, 2016

Philly Fed Feb non-manufacturing index drops to 3.6 from 5.1

  • Firm level activity 25.6 vs 21.4 prior
  • New orders 14.6 vs 14.5 prior
  • Employment 11.1 vs 12.8 prior
  • Wages and benefit costs 34.3 vs 32.6 prior
Not a market shaker but one to note in the grand scheme of things.
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