Details of the March 2016 US Empire state manufacturing data report
- -16.64 prev
- New orders +9.57 vs -11.63 prev
- Employment -1.98 vs -0.99 prev
- Prices paid +2.97 vs +2.97 prev
- 6m expectations +25.52 vs +14.48 prev
A return to positive territory for the headline index for the first time since July 2015 but not out of the woods by a long way yet. New orders index at highest since Sept 2014 is welcome though.
The Empire State Manufacturing Index rates the relative level of general business conditions New York state. A level above 0.0 indicates improving conditions, below indicates worsening conditions. The reading is compiled from a survey of about 200 manufacturers in New York state.
Attention mainly on US retails which came in softer than expected and sends US$ lower.
EURUSD 1.1107 USDJPY 112.70 GBPUSD 1.4160 AUDUSD 0.7448 USDCAD 1.3384
