United States NY Empire State Manufacturing Index

The New York Empire State Manufacturing Index in the United States rose to 17.8 in May 2019 from 10.1 in the previous month and beating market expectations of 8.5. It is the strongest reading in six months, as new orders (9.7 vs 7.5 in April) and shipments (16.3 vs 8.6) increased at a faster pace. Meanwhile, delivery times (0.7 vs 7.0) and inventories (-4.1 vs 8.4) moved slightly lower. Labor market indicators pointed to small increases in employment (4.7 vs 11.9) and hours worked (4.4 vs 4.3). Price indexes were little changed, suggesting that prices increased at about the same pace as last month. Looking ahead, the six-month outlook indicated that firms were significantly more optimistic about future conditions. NY Empire State Manufacturing Index in the United States averaged 8.84 Index Points from 2001 until 2019, reaching an all time high of 39 Index Points in April of 2004 and a record low of -34.40 Index Points in February of 2009.

NY Empire State Manufacturing Index in the United States is expected to be 7.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate NY Empire State Manufacturing Index in the United States to stand at 8.00 in 12 months time. In the long-term, the United States NY Empire State Manufacturing Index is projected to trend around 4.00 Index Points in 2020, according to our econometric models.

United States NY Empire State Manufacturing Index

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-02-15	01:30 PM	NY Empire State Manufacturing Index	8.80	3.9	7	7
2019-03-15	12:30 PM	NY Empire State Manufacturing Index	3.70	8.8	10	13
2019-04-15	12:30 PM	NY Empire State Manufacturing Index	10.10	3.7	6.7	6
2019-05-15	12:30 PM	NY Empire State Manufacturing Index	17.80	10.1	8.5	11
2019-06-17	12:30 PM	NY Empire State Manufacturing Index		17.8		7
2019-07-15	12:30 PM	NY Empire State Manufacturing Index
2019-08-15	12:30 PM	NY Empire State Manufacturing Index

United States Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	52.80	55.30	77.50	29.40	Index Points	[+]
Manufacturing PMI	50.60	52.60	57.90	50.60		[+]
Services PMI	50.90	53.00	61.00	49.30	Index Points	[+]
Non Manufacturing PMI	55.50	56.10	62.00	37.80		[+]
Composite Pmi	50.90	53.00	61.00	50.00	Index Points	[+]
Industrial Production	0.90	2.30	62.00	-33.70	percent	[+]
Industrial Production Mom	-0.50	0.20	16.60	-10.40	percent	[+]
Manufacturing Production	-0.20	0.70	67.90	-39.40	percent	[+]
Capacity Utilization	77.93	78.46	89.39	66.69	percent	[+]
Durable Goods Orders	2.70	-1.10	23.50	-19.00	percent	[+]
Durable Goods Orders Ex Defense	2.30	-1.70	26.00	-19.70	percent	[+]
Durable Goods Orders Ex Transportation	0.40	-0.20	7.50	-6.80	percent	[+]
Factory Orders Ex Transportation	0.80	0.30	4.60	-7.20	percent	[+]
New Orders	508192.00	497474.00	565232.00	223500.00	USD Million	[+]
Factory Orders	1.90	-0.30	10.60	-10.00	percent	[+]
Business Inventories	0.00	0.30	1.30	-2.00	percent	[+]
Changes in Inventories	128.39	96.80	166.37	-245.13	USD Billion	[+]
Wholesale Inventories	-0.10	0.40	2.10	-2.00	percent	[+]
Bankruptcies	22157.00	22232.00	82446.00	19695.00	Companies	[+]
Corporate Profits	2076.20	2076.82	2076.82	14.70	USD Billion	[+]
NFIB Business Optimism Index	103.50	101.80	108.80	80.10	Index Points	[+]
Ism New York Index	77.30	66.90	88.80	23.40	percent	[+]
Philadelphia Fed Manufacturing Index	16.60	8.50	58.50	-57.90	Index Points	[+]
NY Empire State Manufacturing Index	17.80	10.10	39.00	-34.40	Index Points	[+]
Richmond Fed Manufacturing Index	3.00	10.00	29.00	-44.00	Index Points	[+]
Chicago Fed National Activity Index	-0.45	0.05	2.78	-5.27		[+]
Dallas Fed Manufacturing Index	2.00	6.90	47.60	-59.90	Index Points	[+]
Chicago Pmi	52.60	58.70	78.60	21.20	Index Points	[+]
Car Production	2.42	2.46	9.92	1.29	Million Units	[+]
Car Registrations	377.46	389.93	1149.00	331.50	Thousand	[+]
Total Vehicle Sales	16.40	17.45	21.77	9.05	Million	[+]
Crude Oil Stocks Change	4.74	5.43	14.42	-15.22	BBL/1Million	[+]
Natural Gas Stocks Change	100.00	106.00	147.00	-359.00	Billion cf	[+]
Gasoline Stocks Change	3716.00	-1123.00	11456.00	-8428.00	Thousand Barrels	[+]
Leading Economic Index	125.78	125.56	125.78	46.91	Index Points	[+]
Internet Speed	18747.58	17235.62	18747.58	3609.31	KBps	[+]
IP Addresses	128949703.00	127873899.00	146874246.00	89399946.00	IP	[+]
API Crude Oil Stock Change	2.40	8.60	14.30	-12.40	BBL/1Million	[+]
Crude Oil Rigs	802.00	805.00	1609.00	98.00		[+]
Corruption Index	71.00	75.00	78.00	71.00	Points	[+]
Corruption Rank	22.00	16.00	24.00	14.00		[+]
Competitiveness Index	85.64	84.84	85.64	5.42	Points	[+]
Competitiveness Rank	1.00	1.00	7.00	1.00		[+]
Ease of Doing Business	8.00	6.00	8.00	4.00		[+]
Steel Production	7752.00	6896.00	11951.00	3799.00	Thousand Tonnes	[+]
Mining Production	10.40	9.80	108.20	-28.80	percent	[+]

United States NY Empire State Manufacturing Index

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. . This page provides the latest reported value for - United States NY Empire State Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States NY Empire State Manufacturing Index - actual data, historical chart and calendar of releases - was last updated on May of 2019.