Estados Unidos Nueva-York-Imperio-Estado-Fabricación-Índice

The NY Empire State Manufacturing Index rose to -14.3 in April 2024 from -20.9 in the previous month, but it remained below the market consensus of -9.0. The reading suggested that business activity declined for a fifth consecutive month in New York State, with both new orders and shipments falling significantly and unfilled orders continuing to shrink. Delivery times shortened, and inventories edged higher. Labor market conditions remained weak, with both employment and hours worked moving lower. On the price front, input cost inflation picked up somewhat, while selling price inflation held steady. Finally, business optimism remained subdued, though firms expected conditions to improve over the next six months.