- Prior was 89.1 (revised
Details:
- Present situation 113.7 vs 116.8 prior (revised to 123.0)
- Expectations 65.1 vs 70.7 prior (revised to 74.7)
- Jobs plentiful 23.1% vs 26.7% prior
- Jobs hard to get vs 20.8% prior
This is a terrible reading as it breaks through the pandemic lows and falls to the worst levels since 2014.
Separately, the Richmond Fed manufacturing and services numbers were released at the same time.
- Manufacturing shipments -5 vs -11 prior
- Services index -3 vs -6 prior
- Composite index -6 vs -7 prior
This article was written by Adam Button at investinglive.com.
