• US DATA: Dec Philly Fed data show prices paid 51.2, new orders 14.6 vs 10.4, employment 5.1 vs 13.3.

Market news

16 December 2010

US DATA: Dec Philly Fed data show prices paid 51.2, new orders 14.6 vs 10.4, employment 5.1 vs 13.3.

Text: "regional manufacturing conditions continued to improve in December. All of the broad indicators remained positive and suggest an expansion of activity. Increases in input prices were more widespread this month, and more firms reported increases in prices for their manufactured goods. The survey's broad indicators of future activity suggest that optimism among the region's manufacturing executives also continues to improve.
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