It's The Economy Stupid: Maufacturing and Import Prices

U.S. Nov. New York Fed Empire Report Falls to -2.21, Est. 5

  * Forecast range 2 to 10 from 53 estimates

  * General business conditions were 1.52 in the prior month, according to the New York Fed

  * Prices paid fell to 17.11 vs 21.69 last month

  * New orders fell to -5.53 vs 7.75 last month

  * Number of Employees fell to 0 vs 3.61 last month

  * Work hours fell to -5.26 vs 3.61 last month

  * Inventory fell to -1.32 vs 0.00 last month

 

  * OCT. IMPORT PRICE DROP EXCEEDS MEDIAN FORECAST OF 0.5% FALL

 

Economic Event	Period	Economic Survey	Actual Reported	Original Prior	Revised Prior
Empire Manufacturing	Nov	5	-2.21	1.52	--
Import Price Index MoM	Oct	-0.5%	-0.7%	0.2%	0.1%
Import Price Index YoY	Oct	-1.6%	-2.0%	-1.0%	--

 

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

225-342-0013

jbroussard@treasury.state.la.us