Empire Fed July manufacturing +11.1 vs -2.00 expected

• Prior was -1.20

• new orders 6.2 vs. 5.3 last month
• prices paid 64.3 vs. 78.6 last month
• employment 18.0 vs. 19.0 last month
• shipments 25.3 vs. 4.0 last month
• unfilled orders -5.2 vs. -4.3 last month
• delivery time 8.7 vs. 14.5 last month
• inventory 14.8 vs. 17.1 last month
• prices received 31.3 vs. 43.6 last month
• average employee workweek 4.3 vs. 6.4 last month
• Six month conditions -6.2 vs +14.0 last month
• Six month new orders 0.0 vs +13.5 last month
• Six month prices paid +43.5 vs +69.2 -- second largest decline on record.

This report for me is at least as interesting as today's retail sales data. It hints at a re-acceleration in factories along with a dip in prices. Could there be hidden inventory-restocking demand out there waiting for shorter lead times? The fall in inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term expectations six months out is certainly notable and indicates falling prices.