US NY Empire State Manufacturing Index (Mar) -0.20 (Prev. 7.10)

Newsquawk Staff · 16 Mar 2026, 12:50 UTC

What it means

The decline in the NY Empire State Manufacturing Index to -0.20 from the previous 7.10 indicates a notable shift in manufacturing sentiment, potentially signaling slowing economic conditions in the region. This miss relative to prior prints could influence expectations around Fed policy, especially regarding growth-inflation dynamics, as softening data may lead to more dovish outlooks.

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