US Apr 2018 NY Empire State Manufacturing Index 15.8 vs 18.8 expected

US April 2018 NY Emp State Manuf Index on 16.04.2018

• prior 22.50
• Components: New Orders: 9.0 v 16.8 prior
• Shipments: 17.5 v 27.04 prior
• Prices Paid: 47.4 v 50.3 prior
• Prices received: 20.7 v 22.4 prior
• Employment: 6.0 v 9.4 prior
• Six-month general business conditions: 18.3 v 44.1 prior

A miss over the whole line .NY Fed say business conditions weakest in more than 2 years

A volatile piece of data, second tier mostly, especially with retail sales out same time unless totally out of whack.The comments from the Ny Fed are on the dovish side though having the USD lose a spread writing this.

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K-man

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