Details of the September 2015 US Empire state manufacturing index data report 15 September 2015
- Prior -14.92
- New orders -12.91 vs -15.70 prior
- Employment -6.19 vs +1.82 prior
- Average work week -10.31 vs -1.82 prior
- Prices paid 4.12 vs 7.27 prior
- Prices rec'd -5.15 vs +0.91 prior
Another poor number from the NT Fed. It's usually a good yardstick for the month ahead and it's only improved marginally. It's a million miles away from what was expected
I'm not liking the look of the employment numbers either
Expectations for the next six months aren't too hot either
- General conditions (same as the headline figure) 23.21 vs 33.64 prior
- New orders 23.89 vs 29.36 prior
- Prices paid 28.87 vs 34.55 prior
- Prices rec'd 7.22 vs 10.91 prior
- Employment 7.22 vs 3.64 Prior
- Capex 11.34 vs 17.27 prior
- Tech spending 2.06 vs 13.64 prior
US Empire State manufacturing