- 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.
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