Quoted By:
"Old" report:
>Philadelphia Fed manufacturing index for January 44.3 versus -5.2 estimate
>The new orders index jumped 47 points to 42.9, the highest since November 2021.
>The shipments index rose 39 points to 41.0, the highest since October 2020.
>The employment index increased 7 points to 11.9, with 13% of firms reporting increases, 1% reporting decreases, and 87% reporting no change.
>The average workweek index turned positive, rising to 20.3 from -3.7, its highest since March 2022.
Pirices rise:
>Firms reported overall increases in prices, with both price indexes reaching recent highs.
>The prices paid index rose 5 points to 31.9, the highest since December 2022.
>36% of firms reported increases in input prices, 4% reported decreases, and 60% reported no change.
>The prices received index jumped 24 points to 29.7, the highest since January 2023. 35% of firms reported increases in their goods' prices (up from 9%), 5% reported decreases, and 60% reported no change (down from 85%).
>Be US company buying stuff from Chyna.
>Buy in advance to dodge tariffs.
>Chinese see opportunity to slightly rise prices as there is higher demand.
>You buy all the stuff, maybe even manufacture it, do your products.
>No tariffs
>Now you already have all the stuff/materials, did cost your more than used to without threat/fear of tariffs and when selling it in the future, it will still have to compete with the chinese stuff as there won't be tariffs that would decrease competitiveness of Chyna
>Thanks, Trump.
How hard is it going to tank next month?
