Details from the November 2015 US Empire State manufacturing data report 16 November 2015
- Prior -11.36
- New orders -11.82 vs -18.91 prior
- Employment -7.27 vs -8.49 prior
- Avg work week -14.55 vs -7.55 prior
- Prices paid +4.55 vs +0.94 prior
- Prices rec'd -4.55 vs -8.49 prior
- Six-month outlook +20.33 vs +23.36 prior
- Inventories -17.27 vs -7.55 prior
A sizeable miss from the NY Fed
Small positives are the prices data and new orders not being as bad as they were. You're right though, I'm scratching around for positives
There's been no real reaction in FX, although USDJPY is feeling out 123.00 after breaking through earlier
I guess that possibly answer the question I posed in my min preview ;-)
NY Fed Empire State manufacturing
