The main indicator of the manufacturing survey prepared by the regional bank of the Federal Reserve of Philadelphia fell from 26.5 in January to 23.1 in January. The reading was higher than 20.0, which was the market consensus. December’s had been the highest since February 2020.
The New orders index went from 30.0 to 23.4, that of shipments from 22.7 to 21.5 and that of job from 22.5 to 25.3 (eighth up in a row). With respect to prices, the indicator of prices paid rose from 45.4 to 54.4, while that of prices received from 36.6 to 16.7.
The dollar remained in negative territory after the release of US data, which included a rise in initial jobless claims, a larger-than-expected drop in housing starts, but a sharp rise in permits of construction.
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