Empire State Manufacturing Survey

Empire State Manufacturing Index Back Above Zero

by Glenn Busch December 15, 2011
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The Empire State Manufacturing Index finally gets back above its zero line. For this diffusion index any number below zero indicates contraction and any number above zero indicates expansion. The Empire State Manufacturing Survey indicates that manufacturing activity improved in New York State in December. The general business conditions index rose nine points to 9.5, its highest level since May.

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Empire State Manufacturing Index Maintains Negative Streak

by Glenn Busch October 17, 2011
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For five months now the diffusion index has been negative, a contraction. New orders came in around zero indicating no real change in orders from the decline experienced the last few months. New orders are also an indicator for future manufacturing gains and with continued weakness future Empire State Manufacturing reports will continue to be weak.

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Empire State Manufacturing Survey Negative Again for the Fourth Month in a Row

by Glenn Busch September 15, 2011
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Today is the start of the regional manufacturing reports. The first report out is the Empire State Manufacturing Survey released by the Federal Reserve Bank of New York and the report is negative again for the fourth month in a row. The consensus estimate was -3.6 up from the -7.7 printed in August. As usual the estimates proved too optimistic.

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A Negative Empire State Manufacturing Survey for the Third Month in a Row

by Glenn Busch August 15, 2011
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The New York Federal Reserve Bank’s Empire State Manufacturing Survey comes in with another dismal reading. The August Empire State Manufacturing Survey indicates that conditions for New York manufacturers continued to worsen. The general business conditions index fell four points to -7.7, its third consecutive negative reading. Besides the headline number, the most important measurement [...]

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The Empire State Manufacturing Survey Negative Again

by Glenn Busch July 15, 2011
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It seems like only yesterday that we saw a rebound in the national ISM but today we start the regional Federal Reserve countdown again. The Federal Reserve Bank of New York starts the countdown with the release of their regional activity index, the Empire State Manufacturing Survey. Like the previous month the Empire State Manufacturing Survey [...]

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