US NY Empire State manufacturing index July 0.55 vs 5.0 exp

US July NY Empire State manufacturing index release 15 July 2016

  • 6.01 prev

The Empire State Manufacturing Index rates the relative level of general business conditions New York state. A level above 0.0 indicates improving conditions, below indicates worsening conditions. The reading is compiled from a survey of about 200 manufacturers in New York state.

A big miss on expectations and previous will be a concern but markets focussing on better beat on retail sales.

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