NY Empire State Manufacturing Index shows surprising strength in August

[Industrial Worker Repairing A Large Conveyor]
Tom Werner

August Empire State Manufacturing Index: 11.9 vs. -1.20 consensus and 5.5 prior, according to data released by the New York Federal Reserve on Friday.

New orders: 15.4 vs. 2.0 prior.

Shipments: 12.2 vs. 11.5 prior.

Prices paid: 54.1 vs. 56.0 prior.

Inventories: -6.4 vs. 15.6 prior

Average employee workweek: 0.2 vs. 4.2 prior. 

Developing... check back for updates.

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