Philadelphia Fed Dec nonmanufacturing survey general activity index: 47.5 (highest since June) v 41.2 prior
- New orders 25.0 v 29.4 prior
- Prices paid 5.0 v 23.5 prior
- Wages and benefits 45.0 v 35.3 prior
- 65% of the respondents reported increasing activity at their own firms this month, up from 56 percent last month. Responding firms were less positive about activity in the region. Half of the respondents indicated increasing activity in the region compared with 18 percent that indicated decreasing activity, and the general activity index for the region decreased 9 points, to 32.5