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United States NY Empire State Manufacturing Index

Discussion in 'Market News' started by Jonathan, Oct 15, 2015.

  1. Jonathan

    Jonathan Forum Member

    Aug 29, 2015
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    The NY Empire State Manufacturing Index came in at -11.36 index points in October of 2015, compared to -14.67 index points in September, showing factory activity in New York contracted for the third straight month. The headline general business conditions index edged up three points, but remained negative at -11.4. New orders, shipments, and unfilled orders all declined at a steeper pace than last month while input prices held steady and selling prices declined at the fastest pace since 2009. Labor market indicators pointed to a continued decline in employment levels and hours worked. Indexes for the six-month outlook were little changed from last month, and suggested that optimism about future conditions remained tepid. NY Empire State Manufacturing Index in the United States averaged 8.57 Index Points from 2001 until 2015, reaching an all time high of 38.99 Index Points in April of 2004 and a record low of -34.82 Index Points in February of 2009. NY Empire State Manufacturing Index in the United States is reported by the Federal Reserve Bank of New York. New York Empire State Manufacturing Index is based on data compiled from the survey of 200 executives from the companies in the manufacturing sector in the New York State. Participants report the change in 11 indicators including level of general business activity, new orders, shipments, inventories, number of employees, delivery time, capital expenditure from the previous month and the likely direction of these indicators in six months. A reading above 0 indicates manufacturing activity is expanding, below 0 is contracting. . This page provides the latest reported value for - United States NY Empire State Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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