Okay, the Empire Manufacturing number came in WAY below expectations. A survey of economists expected the Empire Manufacturing index to improve from -3.76% to 0.00%. But the number released this morning was a -7.72%, far below the economist’s expectations and headed in the wrong direction.
John Broussard
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury
Ph: 225-342-0013
Fx: 225-342-9721
Email: jbroussard@treasusry.state.la.us
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