Echoing yesterday's Empire Fed, the headline Philly Fed print was lower and disappointed expectations but the forward-looking hope-fueled outlook jumped higher.
This rise in hope comes as the number of employees and the average wo4rkweek tumble.
Prices Paid jumped once again – back near the year's highs – and new orders rebounded from October's slump.
via http://ift.tt/2z7sJgK Tyler Durden