Prior was -0.3
Details:
Employment: 5.6 vs 5.9 last month
Prices paid: 46.8 vs 66.8 last month (was at multi-year highs last month)
New orders: +12.4 vs -1.9 last month
Shipments: 26.1 vs 4.5 last month
Unfilled orders: -6.6 vs -16.8 last month
Delivery time: -3.4 vs -5.4 last month
Inventories: 15.0 vs -6.2 last month
Average workweek: 14.9 vs 4.7 last month
Six-months from now indicators:
6 month index: 31.5 vs 25.0 last month
Capex index 6-month forward: 12.5 vs 38.4 last month
New orders vs 39.2 last monthPrices paid vs 68.4 last monthEmployment vs +12.7 last month
The Empire Fed manufacturing survey earlier this week was at -8.7 compared to +5.0 expected and +11.9 previously. This index is
The special question in the report indicates a nice pickup in business.
This article was written by Adam Button at investinglive.com.