November Empire State Manufacturing Survey At -11.14
(For November 2010)
Empire State Manufacturing Survey for November came out at -11.14 vs. 14.0 consensus and 15.73 prior reading.
Big ugly miss. Downward path resumed.
Chart 1. ISM manufacturing vs. Regional Manufacturing Surveys
Chicago Purchasing Managers Index, Empire State Manufacturing Survey, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index
November 18th, 2010 at 9:19 am
[…] Large positive surprise and big contradiction to Empire State Manufacturing. […]