October 2016 US ISM New York business conditions index report 2 November 2016

  • Outlook 56.9 vs 59.6 prior

  • Employment 50.6 vs 33.9 prior

  • Prices paid 56.6 vs 60.3 prior

  • 6m expectations 60.3 vs 56.7

The sharp turnaround in employment suggests some skew in there somewhere. It dropped to 33.9 last month vs 54.3 in Aug. Looking back further it's quite volatile anyway.