Empire State Manufacturing Index: 31.9 vs. 25.5 consensus and 30.9 prior.
New orders 27.1 vs. 28.8 prior.
Shipments 27.1 vs. 28.2 prior.
The new orders index and shipments indexes were both little changed at 27.1, pointing to another month of strong growth in both areas.
The unfilled orders index rose six
points to 19.0. The delivery times index fell nine points to 23.1, suggesting that delivery times lengthened significantly, but less than
so last month.
Inventories increased modestly.
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