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Philly Fed non-manufacturing regional activity index 5.1 vs 26.7 prior

Discussion in 'Market News' started by ForexLive, Jan 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    This is a low-tier indicator but that's a troubling drop - Business activity 21.4 vs 24.8 prior - New orders 14.5 vs 20.5 - Employment 12.8 vs 16.6 prior - Wage index 32.6 vs 28.2 prior The sub-indexes look okay and this isn't a data point with much of a track record so expect the market to ignore it.

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