- Analytics
- News and Tools
- Market News
- US: NY Empire State Manufacturing Index rises to 30.9 in November vs. 21.6 expected, 19.8 previous
US: NY Empire State Manufacturing Index rises to 30.9 in November vs. 21.6 expected, 19.8 previous
The New York Fed's Manufacturing Index for November rose to 30.9 from 19.8 in October, larger than the expected rise to 21.6. The headline was boosted by a rise in the New Orders subindex to 28.8 from 24.3 (a promising sign for manufacturing activity in the coming months), a jump in the Prices Paid subindex to 83.0 from 78.7 and a jump in the Employment subindex to 26.0 from 17.1 (a record high). The only negative spot was a decline in the six-month business conditions subindex to 36.9 from 52. FX markets did not see any notable reaction to the data.
Additional Takeaways
"Forty-three percent of respondents reported that conditions had improved over the month, while 12 percent reported that conditions had worsened."
"The delivery times index came in at 32.2, indicating significantly longer delivery times."
"The prices paid index edged up four points to 83.0, and the prices received index moved up seven points to a record high of 50.8, signaling ongoing substantial increases in both input prices and selling prices."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
