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 showed an improvement for both current and future assessments of manufacturing activity with the current activity index climbing to a weak 0.61 while future activity jumped to just 39.02.
Current prices paid declined to 18.29 while current new orders weakened to -2.07 and assessments of future new orders improved to 35.37.