US June Empire Fed manufacturing +6.6 vs -15.1 expected

  • Highlights of the New York-area manufacturing survey
Empire Fed
  • Prior was -31.8

Details

  • New orders +3.1 versus -28.0 last month
  • Shipments +22.0 versus -16.4 last month
  • Prices paid +22.0 versus +34.9 last month
  • Employment -3.6 versus -3.3 last month
  • prices received +9.0 versus +23.6 last month
  • Inventories -6.0 versus -12.3 last month
  • Six month outlook +18.9 vs +9.8 last month

This survey has been wildly volatile in the past few months but prices paid have ticked steadily lower to the lowest since 2020.

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