US NY Empire State Manufacturing Index (Jul) 15.60 vs. Exp. 8.70 (Prev. 5.70)
Newsquawk Staff ·
- New orders +22.2 (prev. +3.5 in June).
- Employment +11.4 (prev. 9.6).
- Prices paid +52.3 (prev. +61.0).
- Six-month business conditions +27.9 (prev. +30.1).
Commentary
- “New York State manufacturing activity increased substantially in July, with new orders and shipments picking up sharply. Employment grew for a sixth consecutive month. Price increases remained elevated and supply availability continued to worsen. ”
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