RPT – TABLE-Phila Fed business conditions -7.7 in Aug

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

Aug 19 (BestGrowthStock) – The Federal Reserve Bank of Philadelphia said on
Thursday its index of business conditions in the U.S. Mid-Atlantic region fell
in August to -7.7 from 5.1 in July.

Following is a breakdown of the survey’s components:

August Diffusion Index Historical data

Aug Drop Unch Rise July June May April
Business Conditions -7.7 25.6 49.1 17.9 5.1 8.0 21.4 20.2
New Orders -7.1 29.8 45.9 22.8 -4.3 9.0 6.1 13.9
Shipments -4.5 26.2 49.1 21.7 4.0 14.2 15.8 5.6
Unfilled Orders -7.1 21.6 61.0 14.5 -8.6 -0.1 -3.0 -0.9
Delivery Time -11.0 18.6 69.3 7.6 -8.1 6.8 -1.2 5.4
Inventories -11.6 24.0 58.6 12.5 4.5 4.6 -7.9 2.0
Prices Paid 11.8 9.9 65.7 21.6 13.1 10.0 35.5 42.7
Prices Received -12.5 18.9 69.9 6.3 -8.4 -6.5 3.5 1.0
Number of Employees -2.7 22.7 51.5 20.0 4.0 -1.5 3.2 7.3
Avg Employee Work Week -17.1 28.8 54.3 11.6 1.7 -1.5 7.0 8.3

Six months from now versus August Historical data

Aug Drop Unch Rise July June May April
Business Conditions 19.6 15.7 39.3 35.3 25.0 40.2 37.0 44.2
New Orders 25.7 14.4 36.2 40.0 17.9 39.7 48.4 46.5
Shipments 21.7 17.6 34.7 39.3 21.7 34.2 40.5 42.8
Unfilled Orders 2.2 15.9 59.2 18.2 -3.7 9.2 4.0 24.6
Delivery Time 0.8 13.9 62.8 14.7 -11.6 -8.3 -2.7 11.3
Inventories -16.9 36.3 37.5 19.4 -13.8 1.8 -2.0 8.6
Prices Paid 30.2 9.2 44.6 39.4 27.5 28.3 31.3 50.6
Prices Received 3.0 18.8 53.7 21.8 10.1 17.0 15.8 23.6
Number of Employees -1.7 22.4 50.9 20.7 12.6 19.5 30.1 22.0
Avg Employee Work Week -3.3 18.3 59.6 15.0 9.5 25.2 14.6 15.6
Capital Expenditures 12.3 19.7 39.8 32.0 8.6 3.0 7.7 10.2

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/bos0810.html

RPT – TABLE-Phila Fed business conditions -7.7 in Aug