Manufacturing activity surged across New York State in November, with a key Federal Reserve survey showing unexpected strength as business conditions hit their best level since last November and manufacturers expressed confidence about the months ahead.
Empire State Index Jumps to 10.7, Crushing Forecasts and Signaling Manufacturing Strength
The New York Fed’s survey shows a lot of inflationary pressure in the factory sector.
New York’s manufacturing sector expanded in September for the first time in nearly a year.
The business conditions index falls to the lowest level since the pandemic-stricken months of 2020.
The N.Y. Fed’s “Empire State” manufacturing index sank to -14.5 in December, the lowest level in four months.
The Empire State manufacturing index has turned extremely volatile during the Bidenflation era.
The survey was the latest piece of data supporting the idea that the economy could experience a “soft landing.”
A huge and unexpected surge in factory orders for New York manufacturers.
Business is still slumping in New York, a survey from the Federal Reserve Bank of New York said Wednesday.
The latest sign that the economy is buckling under the weight of high inflation and rising interest rates.
We regret to inform you that the recession is back on.
The New York Fed’s barometer of manufacturing sector activity in New York produced a negative reading for the second month in a row.
The infamous Twitter Fail Whale came to mind today when shares of Twitter fell below where they had closed on the day before Elon Musk announced his acquisition of a big stake in the company.
The Empire State manufacturing survey unexpectedly lurched into negative territory.
A distress signal for the U.S. economy from the New York Fed.
Inflationary pressures show no signs of letting up, raising the odds that the Federal Reserve may ratchet up interest rates even faster than anticipated. The Department of Labor’s Producer Price Index showed that prices rose one percent in January, twice
Omicron has brought growth in New York State manufacturing to a halt.
Delays and rising are becoming even more common as the supply chain disruption heads toward crisis levels.
No sign of inflation pressures becoming “transitory” in the New York Fed’s manufacturing survey.
Record setting price increases did not spur an acceleraton of manufacturing activity in August, a survey from the New York Fed showed Monday.
No sign of consumer prices easing in the New York Fed’s suvey of manufacturing.
Nearly 81 percent of New York manufacturers said they faced higher prices in May than April.
The N.Y. Fed’s survey of manufacturing executives came in better than expected for the second month in a row.
Business conditions in New York improved more than expected in February, according to a survey released Tuesday by the Federal Reserve Bank of New York.
Business activity increased slightly in New York in early December.
A survey of business conditions taken while infections surged and election day occurred indicates slower growth.
Business conditions are improving faster than expected.
Manufacturing continues to expand in August but at a slower pace than in July.
This is the first piece of economic data to reflect the pandemic and it indicates a very heavy drag.
For the second month in a row, the survey of manufacturing businesses in New York came in better than expected.
Capital spending and technology spending plans rose in December, suggesting strength ahead for manufacturing
In a report that leaked from the NY Fed a day early, there are signs of hope for the manufacturing sector.
Manufacturing in New York State was weaker than expected, sending the NY Fed’s index down to just barely positive territory.
The New York Fed’s Empire State index took fell into negative territory for the first time in more than two years.
Hiring remains strong but shipments and new orders weakened in the New York Fed’s latest survey of business activity.|
New York’s state of mind was decidedly less buoyant than expected in December.