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.