Advertisement
Advertisement

Search Indicator:

Choose Country
Choose Indicator

United States NY Empire State Manufacturing Index

Last Release
Nov 2021
Actual
30.9 points
Forecast
N/A
Previous
19.8 points
Frequency
Monthly
Units In
points
Next Release
Feb 15, 2022
Time to Release
27 Days 17 Hours
Highest
Lowest
Average
Date Range
Source
43 points
Jul 2021
-78.2 points
Apr 2020
8.52 points2001 - 2021Federal Reserve Bank of New York
New York Empire State Manufacturing Index is based on data compiled from the survey of 200 executives from the companies in the manufacturing sector in the New York State. Participants report the change in 11 indicators including level of general business activity, new orders, shipments, inventories, number of employees, delivery time, capital expenditure from the previous month and the likely direction of these indicators in six months. A reading above 0 indicates manufacturing activity is expanding, below 0 is contracting.

Latest Updates

The New York Empire State Manufacturing Index plunged to -0.7 in January of 2022 from 31.9 in December, well below market forecasts of 25. The reading pointed to the first contraction in NY manufacturing activity since the second quarter of 2020, as demand for goods declined amid the spread of the omicron coronavirus variant. It also ends 18 straight months of expansion. New orders declined slightly (-5 vs 27.1 in December), while shipments held steady (1 vs 27.1). Delivery times continued to lengthen (21.6 vs 23.1), and unfilled orders increased (12.1 vs 19). Labor market indicators pointed to a moderate increase in employment (16.1 vs 21.4) and a longer average workweek (10.3 vs 12.1). Both price indexes moved lower, but remained elevated (76.7 for prices paid index and 37.1 for received). Plans for capital and technology spending were strong. Looking ahead, firms remained optimistic that conditions would improve over the next six months.

United States NY Empire State Manufacturing Index History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Jan 18, 202213:35NY Business Activity Unexpectedly Shrinks
Dec 15, 202113:33NY Business Activity Growth Accelerates Further in December
Nov 15, 202113:37NY Business Activity Growth Accelerates in November
Oct 15, 202112:34NY Factory Growth Slows More than Expected
Sep 15, 202112:40NY Business Activity Growth Accelerates
Aug 16, 202112:42NY Factory Growth Slows from Record Rate
Jul 15, 202112:33NY Business Activity Grows at a Record-Setting Pace

United States business Indicators

All United States indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
API Crude Oil Stock Change
-1.08
Jan 2022
-6.43
Dec 2021
-12.4
Nov 2013
14.3
Feb 2015
BBL/1MillionWeekly2012 - 2022
Business Confidence
58.7
Dec 2021
61.1
Nov 2021
29.4
May 1980
77.5
Jul 1950
pointsMonthly1948 - 2021
Business Inventories
1.3
Nov 2021
0.7
Sep 2021
-2.3
May 2020
1.3
Dec 2010
%Monthly1992 - 2021
Bankruptcies
16,140
Sep 2021
18,511
Jun 2021
16,140
Sep 2021
82,446
Dec 1987
CompaniesQuarterly1980 - 2021
Car Registrations
214.96
Oct 2021
249.41
Sep 2021
180.56
Apr 2020
1,149
Sep 1986
ThousandMonthly1975 - 2021
Chain Store Sales
4,222
Nov 2021
3,211
Oct 2021
1,098
May 2020
15,875
Dec 1999
USD MillionMonthly1992 - 2021

NY Empire State Manufacturing Index across North America

NY Empire State Manufacturing Index global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
United States
30.9
Nov 2021
19.8
Oct 2021
-78.2
Apr 2020
43
Jul 2021
pointsMonthly2001 - 2021

Trade With A Regulated Broker