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Showing 1 - 10 of 45 results for "Empire State"

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... fell to levels not seen in 70 years in March, while retail sales fell by 8.7%. The New York Federal Reserve's Empire State Index plummeted 57 points to -78.2 in April, its lowest level on record, and the NAHB housing index, which rates builder confidence ...

Fed gets green light

BENJAMIN ONG  |  WEDNESDAY, 16 AUG 2017
... August from 64 in July, suggesting improved confidence among US homebuilders. To roundup the good news night, The Empire State general business conditions index surged to a reading of 25.2 in August - the best reading since September 2014 - from 9.8 ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
... following a 157,000 addition in December and beating market expectations for a gain of 157,000. The sharp jump in the Empire State manufacturing index provides an early clue to this upside surprise. The general business conditions index surged to 18.7 ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 DEC 2016
... already augurs well for US manufacturing, the regional Fed surveys indicate even faster expansion in the sector. The Empire State manufacturing index jumped to a reading of 9 in December from 1.5 in November -- sharply higher than expectations for an ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 18 OCT 2016
... September after recording a 1.3% fall in the previous month for its 13th straight month of year-on-year contraction. US Empire State manufacturing survey Manufacturing in the New York State started the fourth quarter of 2016 like it did the third quarter ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 16 AUG 2016
Empire State manufacturing survey Factory activity in the New York region softened in August with the Empire State manufacturing index falling to a reading of minus 4.21 in the month from 0.6 in the previous month and expectations for a 2.5 print. While ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 25 MAY 2016
US Richmond Fed manufacturing index The Richmond Fed manufacturing survey, like the Empire State and Philly Fed manufacturing surveys released before it, is considered second-tier and like them, the latest update indicated slowing manufacturing activity ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 17 MAY 2016
US Empire State manufacturing survey The latest update on the state of the manufacturing sector in New York State was both disappointing and surprising, particularly as it follows stronger-than-expected retail sales and consumer sentiment reports released ...

Not so durable

BENJAMIN ONG  |  FRIDAY, 29 JAN 2016
... Looking a bit further, more up-to-date indications from the US factory sector suggest a continuation of the same. The Empire State manufacturing index dropped to a reading of minus 19.4 in January from minus 4.6 in the previous month; the Philly Fed ...

Empire State bombs out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2015
... September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl, was it a surprisingly big thud. The index plunged to a reading of minus 14.92 in August ...
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