Philly Fed Falls Short at 24.5 as Leading Indicators Rise

The video discusses the Philly Fed's weaker-than-expected December reading of 24.5, compared to the consensus of 26. It highlights the significant drop from November's high of 40.8, the highest since 1993, and compares it to previous months. The video also covers leading economic indicators, noting a consistent gain of 0.6% for two months, despite a revision from 0.9%. The market impact is briefly touched upon, with U.S. stock indexes adjusting and the 10-year yield reaching session highs.

What was the Philly Fed's reading for December compared to the consensus among economists?

• 22, lower than the consensus of 24.5

• 24.5, lower than the consensus of 26

• 26, matching the consensus

• 24.5, higher than the consensus of 22

How did the Philly Fed's reading for November compare to historical data?

• It was higher than in 1993 but not the highest

• It was the same as in 1993

• It was the highest since 1993

• It was the lowest since 1993

What was the revised gain for leading economic indicators for the previous month?

• 0.6%

• 0.9%

• 0.7%

• 0.8%

For how many consecutive months did the leading economic indicators show a gain of 0.6%?

• One month

• Two months

• Three months

• Four months

What was the 10-year yield at the session highs?

• 2.11%

• 2.21%

• 2.31%

• 2.41%