RPT – TABLE-Phila Fed business conditions 24.3 in Dec

(Repeats to additional subscribers with no change to text).

Dec 16 (BestGrowthStock) – The Federal Reserve Bank of Philadelphia said on
Thursday its index of business conditions in the U.S. Mid-Atlantic region rose
in December to 24.3 from 22.5 in November.

Following is a breakdown of the survey’s components:

December Diffusion Index Historical data

Dec Drop Unch Rise Nov Oct Sept Aug
Business Conditions 24.3 11.8 52.1 36.1 22.5 1.0 -0.7 -7.7
New Orders 14.6 18.3 46.5 33.0 10.4 -5.0 -8.1 -7.1
Shipments 7.3 22.8 46.0 30.1 16.8 1.4 -7.1 -4.5
Unfilled Orders 6.5 12.4 68.8 18.8 3.7 -8.9 -8.5 -7.1
Delivery Time 8.5 1.5 87.4 9.9 2.1 -0.3 -4.1 -11.0
Inventories -2.0 17.3 62.0 15.3 -5.9 -18.6 -16.7 -11.6
Prices Paid 51.2 0.7 47.3 51.9 34.0 31.5 9.8 11.8
Prices Received 10.7 10.4 68.5 21.1 -2.1 -9.0 -13.9 -12.5
Number of Employees 5.1 11.7 70.2 16.8 13.3 2.4 1.8 -2.7
Avg Employee Work Week 19.3 0.0 78.2 19.3 10.9 -6.0 -21.6 -17.1

Six months from now versus December Historical data

Dec Drop Unch Rise Nov Oct Sept Aug
Business Conditions 50.5 6.1 31.4 56.6 49.0 41.0 26.3 19.6
New Orders 46.5 7.5 33.9 54.0 39.4 43.0 20.7 25.7
Shipments 44.7 6.8 36.9 51.5 39.5 32.3 19.8 21.7
Unfilled Orders 11.7 10.2 66.3 21.9 9.8 11.4 -2.9 2.2
Delivery Time 8.4 3.8 81.2 12.2 3.8 2.2 -12.0 0.8
Inventories 2.6 23.5 47.6 26.1 -12.8 3.7 -11.6 -16.9
Prices Paid 63.2 0.0 34.6 63.2 53.9 46.7 21.6 30.2
Prices Received 26.8 5.9 59.3 32.7 33.4 15.0 9.5 3.0
Number of Employees 28.4 9.8 51.4 38.1 21.7 21.0 10.2 -1.7
Avg Employee Work Week 23.7 6.3 60.0 30.0 19.0 25.7 3.4 -3.3
Capital Expenditures 30.1 6.4 47.3 36.6 20.2 21.4 11.6 12.3

FULL REPORT: For a copy of the full Business Outlook Survey report from
the Philadelphia Federal Reserve, please click on (USLD22: ).

The Web site address is www.phil.frb.org/files/bos/bos1210.html ((U.S.
Treasury desk; Tel: + 1 646 223 6300))

RPT – TABLE-Phila Fed business conditions 24.3 in Dec