by Calculated Risk on 6/15/2018 08:33:00 AM
Friday, June 15, 2018
From the NY Fed: Empire State Manufacturing Survey
Manufacturing firms in New York State reported that business activity expanded at a faster pace than in May. The general business conditions index rose five points to 25.0, its highest level in several months. … The index for number of employees climbed ten points to 19.0, its highest level thus far in 2018, pointing to a pickup in employment levels.This was above the consensus forecast and a strong reading.
Posted by Calculated Risk on 6/15/2018 08:33:00 AM