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[Opinion] United States NY Empire State Manufacturing Index Below Expectations (5) in September: Actual (-8.7)
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Bankinter Market Consensus The Empire State Index of manufacturing activity was disappointed in September, entering negative ground. The indicator was at -8.7 vs 5.0 expected and 11.9 above. Review team opinion: The indicator, which polled about 200 executives of the manufacturing industry of the state of New York, was weakened due to the significant drop in demand. The components of New Orders (19.6 vs 15.4 above) and Shipping (-17.3 vs 12.2 a…
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