Empire State Manufacturing Index Up. Really?

The June 2013 Empire State Manufacturing Survey indicates that conditions for New York manufacturers improved modestly. The general business conditions index rose nine points to 7.8. Nevertheless, most other indicators in the survey fell.

image

The new orders index slipped six points to -6.7, the shipments index fell twelve points to -11.8, and the unfilled orders index fell eight points to -14.5. The prices paid index held steady at 21.0, while the prices received index rose seven points to 11.3.

Labor market conditions worsened, with the index for number of employees dropping to zero and the average workweek index retreating ten points to -11.3.

Sarcastic smile Stupid question: how do you get this in June…

image

…from all of these? Confused smile

image

image

 

Leave a Reply

Your email address will not be published. Required fields are marked *