Mixed News from Empire State Manufacturing Index

 |  About: Industrial Select Sector SPDR ETF (XLI)
by: Sold At The Top

The Empire State Manufacturing Survey consists of a series of diffusion indices distilled from a monthly survey of New York regional manufacturing executives and seeks to identify trends across 22 different current and future manufacturing related activities.

Today’s report indicated expansion for current activity and a slight weakening for future activity with the current business conditions index leaping to 10.57 while the future conditions index declined to 48.86.

Current new orders increased to a weak expansion of 2.60 while future new orders improved slightly to 53.41.

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