Reply To: Traders Market Weekly: Market Corrections, When the Rubber Meets the Road


Philadelphia Fed nonmanufacturing business activity index 27.5 versus 38.1
nonmanufacturing regional business activity index up 29.3 versus 32.4 last month
new orders index 13.6 versus 31.0 last month
full-time employment index 14.3 versus 23.3 last month
wage and benefit costs index 59.1 versus 55.7 last month
unfilled orders 12.5 versus 7.2 last month
inventories -2.1 versus -4.4 last month
prices paid 68.7 versus 65.7 last month.

Inflation pressures remained elevated