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United States NY Empire State New Orders Index

This is a syndicated repost published with the permission of Trading Economics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

NY Empire State New Orders Index in the United States increased to 28.80 points in November from 24.30 points in October of 2021. NY Empire State New Orders Index in the United States averaged 8 points from 2001 until 2021, reaching an all time high of 42 points in May of 2004 and a record low of -66.30 points in April of 2020. New York Empire State Manufacturing Index is based on data compiled from the survey of 200 executives from the companies in the manufacturing sector in the New York State. Participants report the change in 11 indicators including level of general business activity, new orders, shipments, inventories, number of employees, delivery time, capital expenditure from the previous month and the likely direction of these indicators in six months. A reading above 0 indicates manufacturing activity is expanding, below 0 is contracting.

source: tradingeconomics.com

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