The US Empire Manufacturing surver results shows:
- Prior month 15.60
- NY Fed Manufacturing index 2.60 vs 11.00 estimate.
Details:
- New orders 17.3 vs 22.2 last month
- Prices Paid 58.6 vs 52.3 last month
- Prices received 22.7 vs 27.6 last month
- Employment 9.3 vs 11.4 last month.
- Average employee workweek 6.9 versus 2.8 last month
- Shipments 11.7 vs 24.4 last month.
- Unfilled orders 15.5 versus 5.0 last month.
- Delivery time 20.6 versus 13.0 last month.
- Inventories -5.2 versus 4.0 last month.
- Supply availability -13.4 versus -10.0 last month
Looking 6 months forward the survey showed:
- General business conditions 32.1 versus 27.9 last month.
- New orders 37.1 versus 33.2 last month.
- Shipments 33.7 versus 30.6 last month
- prices paid 57.7 versus 53.0 last month.
- Prices received 48.7 versus 41.9 last month.
- Employment 28.2 versus 14.4 last month.
- Average employee workweek 1.0 versus 2.0 last month.
- Capital expenditures 16.5 versus 15.0 last month.
- Supply availability -9.3 versus -8.0 last month.
- Inventories 7.2 versus 10.0 last month.
- Delivery time 7.2 versus -4.0 last month.
- Unfilled orders 19.6 versus -3.0 last month
This article was written by Greg Michalowski at investinglive.com.