Philadelphia Fed non-manufacturing business index for March -18.3 versus -8.8 last month
Prior was -8.8New orders -3.4 vs -4.7 priorPrices paid 26.6 vs 30.3 priorEmployees +3.5 vs +9.1 priorA special question in the Philly Fed survey shows 22.4% of firms expecting a 10% or more decline in revenue in Q1 vs Q4 2023. That's ugly. This article was written by Adam Button at www.forexlive.com.
- Prior was -8.8
- New orders -3.4 vs -4.7 prior
- Prices paid 26.6 vs 30.3 prior
- Employees +3.5 vs +9.1 prior
A special question in the Philly Fed survey shows 22.4% of firms expecting a 10% or more decline in revenue in Q1 vs Q4 2023. That's ugly.
