Dallas Fed New Orders
"The shipments index plunged from 20.8 to 6, due to a much higher share of respondents noting a decline in shipments in January than in December
Wage pressures eased, while input and selling prices declined in January.
The raw materials price index came in at -1.7, its first negative reading in more than five years.
The finished goods price index fell 11 points to -6.7, after posting positive readings during the past 17 months.
...The wages and benefits index receded from 25.2 to 19.1, suggesting some moderation in upward pressure on compensation costs."
Posted by Abner Doon at 10:48 AM