Philly Fed business indexTwo-year highPrior was +3.2Employment: -10.7 vs -9.6 priorNew orders: +12.2 vs +5.4 priorPrices paid: +23.0 vs +3.7 priorPrices received: +5.5 vs +4.6 priorShipments: +19.1 vs +11.4 priorUnfilled orders: +0.8 vs +1.0 priorDelivery times: -9.4 vs -16.7 priorInventories: -8.9 vs +4.4 priorAvg employee workweek: -18.7 vs -0.2 priorLook-ahead indexes:Six month index: +34.3 vs 38.6 priorEmployment: +12.8 vs +5.8 priorNew orders: +42.8 vs +49.9 priorShipments: +29.3 vs +43.9 priorPrices paid: +54.5 vs +38.0 priorPrices received: +34.4 vs +37.1 priorThe jump in prices paid is concerning and fits in with broader worries about inflation, though it could also ref
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