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 21.7 while the future conditions index declined slightly to 47.44.
Current prices paid registered a fifth consecutive monthly increase climbing to 57.69 while current new orders jumped to 22.34 with future new orders climbing slightly to 43.59.
