Philly Fed Nov non-manufacturing index 19.3 vs 32.2 prior

The regional non-manufacturing survey from the Philly Fed - Firm-level business activity 16.4 vs 24.7 prior - New orders 16.5 vs 11.4 prior - Full-time employment 21.5 vs 17.3 prior It's a low-level indicator. While the headline was soft, the underlying numbers were stronger.
Philly Fed Nov non-manufacturing index 19.3 vs 32.2 prior