October Empire State Manufacturing At -8.5; U.S. Industrial Production Rose 0.2% In September
(For October 2011)
Empire State Manufacturing General Business Conditions Index for October came out at -8.5 vs. -4.0 consensus and prior reading of 8.8.
U.S. industrial production remained unchanged in September. Consensus was at 0.2%, August reading was at 0.2%.
Still not following PMI’s lower.
Chicago Purchasing Managers Index, Empire State Manufacturing Survey, Industrial Production, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index, Richmond FED Manufacturing Survey