The New York Fed Manufacturing Index for June came in at -6.0, beating expectations of -11.3 and showing improvement from the previous reading of -15.6. The Empire State Current Business Conditions Index was also reported at -6.0, with New Orders Index at -1.0, Prices Paid Index at 24.5, Employment Index at -8.7, and Six-Month Business Conditions Index at 30.1. The data indicates that New York state factory activity contracted in June by less than forecast, while prices received by producers fell to an almost one-year low.
Empire State Current Business Conditions Index June: -6.0 (prev 15.6) New Orders Index: -1.0 (prev 16.5) Prices Paid Index June: 24.5 (prev 28.3) Employment Index June: -8.7 (prev -6.4) Six-Month Business Conditions Index June: 30.1 (prev 14.5)
⚠️BREAKING: *NY FED JUNE EMPIRE STATE MANUFACTURING INDEX RISES TO -6.0; EST. -12.5; PREV. -15.6 🇺🇸🇺🇸 https://t.co/YxAUxn63BE
Empire State Manufacturing Index pares loss in June, better than expected - SA https://t.co/RPXYcfIgvC
NY FED MANUFACTURING ACTUAL -6.00 (FORECAST -11.3, PREVIOUS -15.60)
New York state factory activity contracted in June by less than forecast while a measure of prices received by producers fell to an almost one-year low. https://t.co/MVsKTKp1xp
Empire State Current Business Conditions Index June: -6.0 (prev 15.6) Empire State New Orders Index: -1.0 (prev 16.5) Empire State Prices Paid Index June: 24.5 (prev 28.3) Empire State Employment Index June: -8.7 (prev -6.4) Empire State Six-Month Business Conditions Index June:…
*(US) JUN EMPIRE MANUFACTURING: -6.0 V -11.3E (highest since Feb); New Orders: -1.0 v -16.5 prior (highest since Sept 2023) - Prices Paid: 24.5 v 28.3 prior (lowest since Jan) - 6-month business conditions: 30.1 v 14.5 prior (More at https://t.co/gjDIhauawi)
NY FED MANUFACTURING INDEX JUNE REPORT
U.S NY EMPIRE STATE MANUFACTURING INDEX (JUN) ACTUAL: -6.00 VS -15.60 PREVIOUS; EST -12.50
🇺🇸 United States NY Empire State Manufacturing Index (Jun) $USD Actual: -6.00 🟢 Expected: -12.50 Previous: -15.60
NY FED MANUFACTURING ACTUAL -6.00 (FORECAST -11.3, PREVIOUS -15.60) $MACRO
NY Empire State Manufacturing Index For June -6.00 Vs -12.50 Est.; -15.60 Prior
NY Fed Manufacturing -6.0, Exp. -11.3, Last -15.6
US JUNE EMPIRE STATE FACTORY INDEX AT -6; EST. -9.0
JUne US Empire Fed manufacturing -6.00 vs -9.00 expected https://t.co/LoqXqGeoub
Today's key economic data includes the June NY Fed Empire State Manufacturing Index, set for release at 10:00 ET.