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To: bill meehan who wrote (70757)10/21/1999 10:19:00 AM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
Excerpts from The Philadelphia Fed outlook:

"The current general activity index decreased from
17.6 in September to 6.9 this month."
BUT
"The current new orders index increased from 6.9 to 20.2,
and the current shipments index increased from 5.5 to 19.8."
AND
"The current prices paid index increased notably from 11.8
to 22.5, its highest reading in four years (see chart)."

phil.frb.org