Saturday , 22 February 2025
Home Forex Philadelphia Fed non-manufacturing business index for March -18.3 versus -8.8 last month
Forex

Philadelphia Fed non-manufacturing business index for March -18.3 versus -8.8 last month

  • Prior was -8.8
  • New orders -3.4 vs -4.7 prior
  • Prices paid 26.6 vs 30.3 prior
  • Employees +3.5 vs +9.1 prior

A special question in the Philly Fed survey shows 22.4% of firms expecting a 10% or more decline in revenue in Q1 vs Q4 2023. That’s ugly.

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin or Ethereum?

Bitcoin or Ethereum: Which Crypto is the Better Investment in 2025?The Crypto...

German election preview: History will be made on Sunday, what to watch for

On Sunday, German voters go to the polls in a high-contested election....

FX Weekly Recap: February 17 – 21, 2025

The majors were all about trade tensions and central banks’ moves this...

Global Market Weekly Recap: February 17 – 21, 2025

Geopolitical developments continued to be a driving force in the markets, initially...