Weak headline Philly Fed, below expectations of a roughly flat 1.0 reading.
The "modified" Philly Fed (using weights / components similar to ISM) shows a small up-tick, but it also depicts a very weak manufacturing.

Philly Fed Diffusion Index
Philly Fed Modified (according to ISM weights)

The special question focused on business costs. As expected, input costs other than labor costs are not a reason for concern. However, a significant share of business expect wage and health costs to increase. This is negative for profits.