Prior was -15.6New orders -1.0 vs -16.2 priorPrices paid +24.5 vs +33.7 priorEmployment -8.7 vs -5.1 priorSix month index +30.1 vs +14.5 prior (two year high)
These details and the headline paint an improving picture in the first manufacturing survey of the month. Despite that, the Fed might notice that the employment and avg workweek numbers have been steadily (though slowly) worsening.
This article was written by Adam Button at www.forexlive.com.
