| Check Out The Gritty Details Behind The Ugly Philly Fed Number |
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| Written by Steve Meyers |
| Thursday, 19 August 2010 10:36 |
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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) |