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 overall worsening for both current and future assessments of manufacturing activity with the current activity index falling to a level of -9.02 while future activity also fell declining to a level of 28.48.
Current prices paid declined to 16.67 while current new orders dropped to -5.54 and assessments of future new orders declined slightly to 22.43.
