US NY Empire State Manufacturing Index (Aug) 20.60 vs. Exp. 11 (Prev. 15.60)
August's NY Empire State Index beat expectations at 20.60, highlighting expansion but also rising price pressures and supply delays. Future hiring sentiment improved sharply as investors await Fed guidance.
News detail
Current Indicators General Business Conditions: 20.6 (prev. 15.6) New Orders: 17.3 (prev. 22.2) Shipments: 11.7 (prev. 24.4) Unfilled Orders: 15.5 (prev. 5.0) Delivery Time: 20.6 (prev. 13.0) Inventories: -5.2 (prev. 4.0) Prices Paid: 58.6 (prev. 52.3) Prices Received: 22.7 (prev. 27.6) Number of Employees: 9.3 (prev. 11.4) Average Employee Workweek: 6.9 (prev. 2.8) Supply Availability: -13.4 (prev. -10.0) Forward-Looking Indicators (6-Month Expectations) General Business Conditions: 32.1 (prev. 27.9) New Orders: 37.1 (prev. 33.2) Shipments: 33.7 (prev. 30.6) Unfilled Orders: 19.6 (prev. -3.0) Delivery Time: 7.2 (prev. -4.0) Inventories: 7.2 (prev. 10.0) Prices Paid: 57.7 (prev. 53.0) Prices Received: 48.7 (prev. 41.9) Number of Employees: 28.2 (prev. 14.4) Average Employee Workweek: 1.0 (prev. 2.0) Capital Expenditures: 16.5 (prev. 15.0) Supply Availability: -9.3 (prev. -8.0)
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.