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US Philly Fed Dec non-manufacturing index +6.3 vs -11.0 prior

  • Prior was +6.3
  • Agency-level enterprise exercise +8.5 vs +10.3 prior
  • New orders -3.3 vs -8.6 prior
  • Full-time employment +7.6 vs +14.7 prior
  • Wage and profit value index +35.2 vs +32.8 prior

It is a lower-tier indicator however it’s exhibiting a pleasant pickup in December exercise.

This text was written by Adam Button at www.forexlive.com.

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