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Reading: Philly Fed outlook +13.9 in July
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News Junction > Blog > Business > Philly Fed outlook +13.9 in July
Philly Fed outlook +13.9 in July
Business

Philly Fed outlook +13.9 in July

Published July 18, 2024
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  • July Philly Fed Business Outlook: +13.9 vs. +2.7 consensus, +1.3 prior.
  • The diffusion index for future general activity +38.7 vs. prior +13.8.
  • The employment index +15.2 vs. -2.5.
  • The future capital expenditures index was 7.40 vs. prior +12.10.
  • New Orders +20.7 vs. prior -2.2.
  • The survey’s indicator for general activity rose, and the indexes for shipments and new orders turned positive.
  • The employment index also turned positive, suggesting an overall increase in employment levels.
  • Both price indexes continued to indicate overall price increases.
  • Most future activity indicators rose, suggesting more widespread expectations for overall growth over the next six months.

#Philly #Fed #outlook #July

TAGGED:FedJulyoutlookPhilly
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