The May Empire State Fed manufacturing index

Empire fed index

Details:

  • Prices paid 26.2 vs 27.3 prior
  • New orders 9.7 vs 7.5 prior
  • Employment 4.7 vs 11.9 prior
  • Six month lookahead 30.6 vs 12.4

That's a lot of optimism about the future and bodes well for manufacturing in the area.