August Empire Fed -4.7 vs -6.0 expected

• Empire Fed -4.7 vs -6.0 prior

Details

• New orders: -7.9 vs -0.6 prior
• Shipments: 0.3 vs 3.9 prior
• Unfilled orders: -7.4 vs -11.2 prior
• Delivery times: -3.2 vs -9.2 prior
• Inventories: -10.6 vs -6.1 prior
• Prices paid: 23.4 vs 26.5 prior
• Prices received: 8.5 vs 6.1 prior
• Employment: -6.7 vs -7.9 prior
• Average employee workweek: -17.8 vs -0.1 prior
• Supply availability: -2.1 vs 0.0 prior

Six-month ahead expectations:

• General business conditions: 22.9 vs 25.8 prior
• New orders: 24.8 vs 20.8 prior
• Capital expenditures: 8.5 vs 3.1 prior

The fall in new orders is slightly concerning but overall these numbers are steady.

This article was written by Adam Button at www.forexlive.com.