• Hlavní
  • Analytika
  • Zprávy z trhu
  • Growth of manufacturing activity in the New York region accelerates more than forecast in November
Ekonomické zprávy
15.11.2021

Growth of manufacturing activity in the New York region accelerates more than forecast in November

The New York Federal Reserve reported on Monday that its latest Empire State Manufacturing Survey showed that manufacturing activity in the New York region grew at solid pace in early November.

According to the survey, NY Fed Empire State manufacturing index rose from 19.8 in October to 30.9 this month, pointing to a continuation of business activity growth in the region.

Economists had expected the index to increase to 21.2.

Anything below zero signals contraction.

According to the report, the new orders index rose 4.5 points to 28.8, and the shipments index surged 19.3 points to 28.2, indicating strong increases in both measures. Elsewhere, the employment index jumped 8.9 points to 26.0, recording its quickest pace of growth on record. Meanwhile, the delivery times index fell 5.8 points to 32.2, indicating noticeably longer delivery times. On the price front, the prices paid index increased 4.3 points to 83.0 in November, and the prices received index soared 7.3 points to a record high of 50.8, signaling continuing strong gains in both input prices and selling prices.

Podívejte se také