The Empire State Manufacturing Survey consists of a series of diffusion indices distilled from a monthly survey of New York regional manufacturing executives and seeks to identify trends across 22 different current and future manufacturing related activities.
Today’s report indicated expansion for current activity and slight slowing for future activity with the current business conditions index climbing to 15.43 while the future conditions index declined to 49.4.
Current new orders declined slightly to 11.8 while future new orders also declined slightly to 44.58.