April Empire Fed manufacturing index +10.1 vs +8.0 expected
April manufacturing data
- Prior was +3.7
- New orders +7.5 vs +3.0 prior
- Prices paid +27.3 vs +34.1 prior
- Employment +11.9 vs +13.8 prior
- Six-month business conditions +12.4 vs +29.6 prior
Solid report across the board here. It's not a big enough miss to get the dollar bulls excited but it's a solid print on a forward-looking indicator that should cool some nerves.