- Analytics
- News and Tools
- Market News
- NY Fed Empire State manufacturing index declines to -1.19 in April
NY Fed Empire State manufacturing index declines to -1.19 in April
The New York Federal Reserve released its survey on Wednesday. The NY Fed Empire State manufacturing index declined to -1.19 in April from 6.90 in March, missing expectations for a rise to 7.0. It was the first negative reading since December 2014.
The decline was driven by a drop in new orders. The new orders index plunged to -6.0 in April from -2.39 in March.
"Many of the indexes assessing the six-month outlook conveyed more optimism about future business activity than they had in February and March," the report said.
The price-paid index increased to 19.15 in April from 12.37 in March.
The index for the number of employees decreased to 9.57 in April from 18.56 last month.
The general business conditions expectations index for the next six months climbed to 37.06 in April from 30.72 in March.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
