• Prior 6.17
  • New orders 9.14 vs -1.73 prior
  • Employment 8.51 vs 10.23 prior
  • Prices paid 10.64 vs 11.36 prior
  • Prices rec’d 0.00 vs 6.82 prior
  • 6 month expectations 47.61 vs 41.66 prior
  • Shipments 11.83 vs 1.12 prior
  • Inventories 0.00 vs 2.27 prior

Not too far from expectations but a drop in prices on both sides of the scale points to falling inflation. Inventories have fallen to zero which is potentially a good sign. Expectations are still running away at the high end.

US Empire State manufacturing index 17 11 2014

US Empire State manufacturing index 17 11 2014