- Prior month 10.7
- New orders 15.9 versus 3.7 last month
- shipments 16.8 versus 14.4 last month.
- Employment 6.6 versus 6.2 last month.
- Average employee workweek 7.7 versus -4.1 last month.
- Prices paid 49.0 versus 52.4 last month.
- Prices received 24.0 versus 27.2 last month
- inventories 6.7 versus -1.0 last month.
- Delivery time 7.7 versus 3.9 last month.
- Unfilled orders -5.8 versus -3.9 last month.
Looking at the six-month forward conditions and expectations:
- General business conditions 19.1 versus 30.3 last month.
- New orders 23.3 versus 34.9 last month.
- Shipments 23.3 versus 31.6 last month.
- Number of employees 11.9 versus 7.5 last month
- average employee workweek 5.8 versus 9.7 last month.
- Prices paid 62.5 versus 65.0 last month.
- Prices received 41.3 versus 43.7 last month
- Capital expenditures 11.5 versus -2.9 last month
- unfilled orders 1.0 versus 5.8 last month.
- Delivery time 1.0 versus 5.8 last month.
- Inventories 8.7 versus 7.8 last month
“Manufacturing activity grew at a solid pace in New York State, with the survey’s headline index reaching its highest level since last November. Both employment levels and hours worked rose modestly. While firms expect conditions to improve, optimism for the future dipped.”
— Richard Deitz, Economic Research Advisor at the New York Fed
This article was written by Greg Michalowski at investinglive.com.