{"id":432186,"date":"2026-06-15T19:30:51","date_gmt":"2026-06-15T12:30:51","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/us-june-empire-fed-5-7-vs-14-0-expected\/"},"modified":"2026-06-15T19:30:51","modified_gmt":"2026-06-15T12:30:51","slug":"us-june-empire-fed-5-7-vs-14-0-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/us-june-empire-fed-5-7-vs-14-0-expected\/","title":{"rendered":"US June Empire Fed +5.7 vs +14.0 expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior was +19.6<\/li>\n<\/ul>\n<ul>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">New orders +3.5 vs +22.7 prior<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Shipments +8.6 vs +18.9 prior<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Prices paid +61.0 vs +62.6 prior<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Prices received +31.4 vs +31.8 prior<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Employment +9.6 vs +8.3 prior<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Supply availability -13.9 vs -10.7 prior (lowest since June 2022)<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\">Six-month outlook +30.1 vs +33.5 prior<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal\">The headline gave back fourteen points after May&#8217;s surprise pop.  Activity is still expanding \u2014 29% of firms saw conditions improve versus 23% who saw deterioration. New orders barely held positive in a sharp drop and shipments retreated. They&#8217;re still positive, so demand isn&#8217;t collapsing but that&#8217;s a disappointing reversal.<\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\">I&#8217;m not sure prices matter as much if the Iran peace holds but. Prices paid are basically pinned at 61.0 and prices received held at 31.4, which is a squeeze that won&#8217;t quit. There are more signs of pass-through as the future selling-price index jumped to its highest since 2022. Manufacturers that they intend to push tariff and war costs through to customers over the next six months. <\/p>\n<p class=\"font-claude-response-body break-words whitespace-normal\">Supply availability fell to its worst since June 2022 \u2014 supply chains tightening again. Employment expanded for a fifth straight month. So: weaker headline, firmer labor, worsening supply, and rising forward pricing power. N<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was +19.6 New orders +3.5 vs +22.7 prior Shipments +8.6 vs +18.9 prior Prices paid +61.0 vs +62.6 prior Prices received +31.4 vs +31.8 prior Employment +9.6 vs +8.3 prior Supply&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-432186","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/432186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=432186"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/432186\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=432186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=432186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=432186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}