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Home Our Perspective Check Out The Gritty Details Behind The Ugly Philly Fed Number
Check Out The Gritty Details Behind The Ugly Philly Fed Number PDF Print E-mail
Written by Steve Meyers   
Thursday, 19 August 2010 10:36

The Philadelphia Fed's latest look at the pulse of the economy was pretty disappointing, as the headline number went to -7.7, compared to 5 last month, and expectations of +7.0.

So what made the number so bad?

Everything from the order outlook, to hiring plans, and, and pricing power.

We've collected the key points.

(*Note: Each chart shows a "diffusion index" meaning it shows the difference between positive respondents, and negative ones)

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