US January Empire Fed +3.5 vs +6.0 expected

New York area manufacturing survey

  • Prior was +4.9
  • New orders +6.6 vs +3.4 prior
  • Prices paid +45.5 vs +37.1 prior
  • Six month conditions +31.9 vs +36.3 prior
  • Employment +11.2 vs +14.2 prior
  • Full report

If you’re a pessimist, you can start to see the makings of a crest in this report and a continued build-up in inflationary pressures.

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