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FXR - NY Fed Provides More Positives For Supply Chains
First Trust Industrials AlphaDEX
The headline index did bounce off a near post-pandemic low last month, rising back up to -1.2, but that was below expectations for a move up to an expansionary reading of 2.5.
Two categories that were major components in the improvement of the headline number were new orders and shipments.
Prices Paid have plateaued as Prices Received have begun to roll over.