Manufacturing activity slows
The聽Empire State Manufacturing Survey聽consists of a series of diffusion indices distilled from a monthly survey of New York regional manufacturing executives and seeks to identify trends across 22 different current and future manufacturing related activities.
Today鈥檚 report showed a notable deceleration of current assessments of manufacturing activity and a continued decline to future assessments with the current activity index falling to 6.56 while future activity declined to 43.12.
Current prices paid declined to 45.78 while current new orders weakened to 6.48 and assessments of future new orders improved to 45.78.
