The numbers could be skewed by some annual revisions
- Prior -3.58
- New orders 6.06 vs 0.39 prior
- Employment 13.68 vs 8.33 prior
- Avg work week -8.42 vs -11.46 prior
- Prices paid 12.63 vs 10.42 prior
- Prices rec’d 12.63 vs 6.26 prior
- Inventories -7.37 vs -11.46 prior
- Shipments 9.59 vs 2.55 prior
No seasonal factors noted in the report so it stands on its own two feet as a good report.
The dollar is up modestly to 116.92 on this and the PPI data holding up. Oil is also cracking $50 in both Brent and WTI and that may be a mix of this decent manufacturing report or part of further fall out over the SNB
US Empire state manufacturing index 15 01 2015
