General nonmanufacturing activity in the Philadelphia Fed region strengthened in November, with the firm-level activity index rising to 19.8 from 3.6, marking a sharp rebound after two months of declines.

• New Orders increased to 6.6 (from -17.4), indicating demand stabilized after October’s drop.

• Sales/Revenues rose to 17.1 (from -2.4), showing a clear pickup in current business activity.

• Full-Time Employment improved to 2.5 (from -4.5), though most firms reported no staffing changes.

• Prices Paid eased slightly to 34.7 (from 35.8) while Prices Received jumped to 22.0 (from 12.9), with both remaining above long-run averages.

• The Average Workweek rose to 13.6 (from -1.2), signaling increased labor utilization.

• Capital Expenditures for Physical Plant and Equipment & Software registered diffusion indexes of 3.0 and 12.4, pointing to moderate investment.

• The Future Firm-Level Activity Index edged up to 1.2 (from 0.2), suggesting mixed expectations for growth over the next six months.

• The regional outlook stayed negative at -13.3 (from -12.3), reflecting continued pessimism about broader local conditions.