![Liz Ann Sonders on X: "Philly Fed Index slipped into contraction territory in June for 1st time since summer 2020; new orders dropped sharply to -12.4, prices edged lower, inventories contracted, delivery Liz Ann Sonders on X: "Philly Fed Index slipped into contraction territory in June for 1st time since summer 2020; new orders dropped sharply to -12.4, prices edged lower, inventories contracted, delivery](https://pbs.twimg.com/media/FVX-nxgX0AEGOx8.jpg)
Liz Ann Sonders on X: "Philly Fed Index slipped into contraction territory in June for 1st time since summer 2020; new orders dropped sharply to -12.4, prices edged lower, inventories contracted, delivery
![Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics](https://hv-prod-s3-eclectus.s3.amazonaws.com/230817_O4_2233960962.jpg)
Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics
![Dr Thomas Kevin Swift on X: "The second of the regional Fed surveys on manufacturing, and it was negative. The Philadelphia Fed reported that manufacturing activity in the District continued to decline Dr Thomas Kevin Swift on X: "The second of the regional Fed surveys on manufacturing, and it was negative. The Philadelphia Fed reported that manufacturing activity in the District continued to decline](https://pbs.twimg.com/media/GB4YuhPbAAAYzll.jpg)
Dr Thomas Kevin Swift on X: "The second of the regional Fed surveys on manufacturing, and it was negative. The Philadelphia Fed reported that manufacturing activity in the District continued to decline
![Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics](https://hv-prod-s3-eclectus.s3.amazonaws.com/230817_Q4_e7a9924b91.jpg)
Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics
![Philly Fed Manufacturing Index and Empire State Manufacturing Survey and ISM Manufacturing Index – ISABELNET Philly Fed Manufacturing Index and Empire State Manufacturing Survey and ISM Manufacturing Index – ISABELNET](https://www.isabelnet.com/wp-content/uploads/2020/02/Philly-Fed-Manufacturing-Index-and-Empire-State-Manufacturing-Survey-and-ISM-Manufacturing-Index.png)
Philly Fed Manufacturing Index and Empire State Manufacturing Survey and ISM Manufacturing Index – ISABELNET
![Note by Steven Anastasiou on Substack: "Whether it be producer prices, import prices, or the Fed's manufacturing surveys, more and more economic indicators are pointing to one thing - lower inflation ahead." Note by Steven Anastasiou on Substack: "Whether it be producer prices, import prices, or the Fed's manufacturing surveys, more and more economic indicators are pointing to one thing - lower inflation ahead."](https://substackcdn.com/image/fetch/w_1000,f_auto,q_auto:good,fl_progressive:steep/if_ar_lt_1.0/c_fill,g_auto,ar_1:1/if_end/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5d66ea97-0504-485b-90e3-869224c0ff8d_1920x1080.png)
Note by Steven Anastasiou on Substack: "Whether it be producer prices, import prices, or the Fed's manufacturing surveys, more and more economic indicators are pointing to one thing - lower inflation ahead."
![New evidence of US inflation the Philadelphia Fed survey shows that the price index is the highest in 40 years. New evidence of US inflation the Philadelphia Fed survey shows that the price index is the highest in 40 years.](https://postimg.futunn.com//tmp/phpyovBU2.png/big)
New evidence of US inflation the Philadelphia Fed survey shows that the price index is the highest in 40 years.
![Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics Philadelphia Fed Manufacturing Index Strengthens in August; Expectations Deteriorate - Haver Analytics](https://hv-prod-s3-eclectus.s3.amazonaws.com/230817_P4_73b0c02bfb.jpg)