- Prior reading was -9.2
Details:
- New orders: -14.2 vs +7.0 prior
- Shipments: -7.2 vs +3.5 prior
- Unfilled orders: -8.3 vs +4.8 prior
- Delivery times: +1.8 vs +1.0 prior
- Inventories: +0.9 vs +4.8 prior
- Prices paid: +46.8 vs +59.0 prior
- Prices received: +26.6 vs +22.9 prior
- Employment: +4.7 vs -5.1 prior
- Average employee workweek: -1.5 vs -3.4 prior
Six-month ahead expectations
- General business conditions: +21.2 vs -2.0 prior
- New orders: +26.1 vs -2.7 prior
- Capital expenditures: -7.3 vs -6.7 prior
Prices paid came down but so did new orders.
This article was written by Adam Button at www.forexlive.com.