USA - NY-Empire-Stat-Produksjon-Hovedsiden

The New York Empire State Manufacturing Index in the United States increased to 3.5 in December of 2019 from 2.9 in November, compared to market expectations of 4. New orders were little changed (2.6 from 5.5), while shipments grew modestly (11.9 from 8.8). Delivery times were somewhat shorter (-5.8 from -5.5), and inventories held steady (2.2 from -6.2). Employment continued to expand (10.4, the same as in November), though the average workweek was unchanged (0.8 from 2.3). Input price increases continued to slow (15.2 from 20.5), and selling prices increased slightly (4.3 from 6.2). Optimism about the six-month outlook picked up (29.8 from 19.4), and capital spending plans were notably stronger.

The New York Empire State Manufacturing Index in the United States fell 1.1 points from the previous month to +2.9 in November 2019, missing market expectations of 5. Inventories continued to move lower (-6.2 vs -0.6 in October); while shipments grew modestly than last month (8.8 vs 13) and delivery times were somewhat shorter (-5.5 vs -2.5). Meantime, new orders rose slightly (5.5 vs 3.5); employment increased for the third consecutive month (10.4 vs 7.6) and the average workweek was slightly longer (2.3 vs 8.3). On the price front, input cost continued to ease, while output prices advanced modestly. Finally, indexes assessing the six-month outlook indicated that optimism remained subdued, while capital spending plans went up markedly.

The New York Empire State Manufacturing Index in the United States rose 2 points from the previous month to +4 in October 2019, beating market expectations of +1. New orders increased slightly and shipments picked up. In addition, employment levels and hours worked both advanced modestly. Meantime, delivery times dropped, while inventories were little changed. On the price front, both input and selling prices went up at a softer pace. Indexes assessing the six-month outlook indicated that optimism about future conditions improved somewhat, still remaining subdued. Results for the October Empire Survey was released on October 14, instead of October 15, as scheduled due to technical difficulties.

The New York Empire State Manufacturing Index in the United States fell 2.8 points from the previous month to +2.0 in September 2019, missing market expectations of +4.0. New orders were marginally higher than last month, and shipments grew modestly. Delivery times were steady, and inventories increased. Employment levels expanded, while the average workweek held steady. Both input prices and selling prices increased at a faster pace than last month. Indexes assessing the six-month outlook indicated that optimism about future conditions deteriorated noticeably, and capital spending plans weakened markedly.

The New York Empire State Manufacturing Index in the United States rose 0.5 points from the previous month to +4.8 in August 2019, beating market expectations of +3. New orders increased after declining for the prior two months, and shipments continued to expand. Unfilled orders fell, delivery times were steady, and inventories increased. The employment and average workweek indexes were both slightly below zero, pointing to sluggishness in labor market conditions. Input prices increased at a slightly slower pace than last month, and selling price increases were little changed. Indexes assessing the six-month outlook indicated that firms were somewhat less optimistic about future conditions than they were in July.

The New York Empire State Manufacturing Index in the United States climbed 12.9 points from the previous month to +4.3 in July 2019, beating market expectations of +2, after posting the largest decline on record last month. New orders fell at softer pace (-1.5 vs -12.0 in June), and shipments increased (7.2 vs 9.7). Unfilled orders and inventories continued to move lower, while delivery times were longer. The employment index dropped to its lowest level in nearly three years (-9.6 vs -3.5). On the price front, input price increases continued to moderate somewhat (25.5 vs 27.8), while the pace of selling price increases remained modest (5.8 vs 6.8). Indexes assessing the six-month outlook indicated that firms were fairly optimistic about future conditions.