August 2016 US Empire State manufacturing -4.2 vs 2.5 exp

Details form the August 2016 US Empire State manufacturing report 15 August 2016

  • Prior 0.6

  • Employment -1.0 vs -4.4 prior

  • New orders 1.0 vs -1.8 prior

  • Prices paid 15.5 vs 18.7 prior

  • 6m outlook 23.7 vs 29.2 prior

Not what the doctor ordered though better numbers from new orders. The buck lost a few pips on the report but has gained those back. This early data point suggests that manufacturing in August might be close to flat or unchanged vs July.

US Empire State manufacturing

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