November 2017 US Empire State manufacturing report 15 November 2017

  • Prior 30.2
  • New orders 20.7 vs 18.0 prior
  • Employment 11.5 vs 15.6 prior
  • Prices paid 24.6 vs 27.3 prior
  • 6m expectations 49.9 vs 44.8 prior

That’s a soggy number for the first manufacturing data of the month. This data point is often looked at as a gauge for the main manufacturing data to come. Softer inflation and employment tempered by higher future expectations and new orders

Ryan Littlestone

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Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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