FX Expert Funded

US July Philly Fed -7.0 vs +6.0 expected

Prior +13.9

Details:

New orders: 14.6 vs 20.7 priorShipments: 8.5 vs 27.8 priorUnfilled orders: 3.2 vs 9.1 priorDelivery times: 14.1 vs 8.5 priorInventories: -4.8 vs -9.4 priorPrices paid: 24.0 vs 19.8 priorPrices received: 13.7 vs 24.2 priorEmployment: -5.7 vs 15.2 priorAverage workweek: -2.3 vs -1.6 prior

Six-month ahead expectations:

General business conditions: 15.4 vs 38.7 priorNew orders: 10.4 vs 31.3 priorCapital expenditures: 12.0 vs 7.4 prior

A special question asked about the annual percent change firms will receive for goods and services cold and that fell to 2.8% from 3.0% in May

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

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