Manufacturing survey for the New York area
- Lowest since October 2016
- Prior was +17.8
- New orders -12.0 vs +9.7 prior
- Employment -3.5 vs +4.7 prior
- Prices paid +27.8 vs +26.2 prior
- Six-month business conditions +25.7 +30.6
That's a big miss.It's the largest one-month fall on record. Normally it's not a big USD mover but this is going to add to some of the worries about the US economy.
