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globalreutersJune 17, 20241 Mins read
June US Empire Fed manufacturing -6.00 vs -9.00 expected
globalreutersJune 17, 20241 Mins read - Prior was -15.6
- New orders -1.0 vs -16.2 prior
- Prices paid +24.5 vs +33.7 prior
- Employment -8.7 vs -5.1 prior
- Six month index +30.1 vs +14.5 prior (two year high)
These details and the headline paint an improving picture in the first manufacturing survey of the month. Despite that, the Fed might notice that the employment and avg workweek numbers have been steadily (though slowly) worsening.
This article was written by Adam Button at www.forexlive.com.
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