NY Empire State Manufacturing Index sinks more than expected as orders, shipments slide

5 hours ago 1
Worker Operating Angle Grinder with Sparks Flying During Metal Cutting

June Empire State Manufacturing Index: -16.0 vs. -7.0 consensus and -9.2 in May, according to data released by the New York Federal Reserve on Monday.

New orders: -14.2 vs. +7.0 in April.

Shipments: -7.2 vs. +3.5 prior.

Prices paid: 46.8 vs. 59.0.

Prices received: 26.6 vs. 22.9.

Inventories: 0.9 vs. 4.8.

Average employee workweek: -1.5 vs. -3.4.

Developing... check back for updates.

Read Entire Article