Seriously, New York, Massachusetts, New Jersey, the other states of New England (CT, RI, NH, VT & ME), and Pennsylvania...
How much do we have in common with the rest of the US? We have everything we need to be a great country of our own.
Think about it.
![Empire State Manufacturing Survey for September.
Prior month: 20.6
Analyst estimates for September: 15
ACTUAL (released this morning at 8:30am): 7.6
What is it?
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The Empire State Manufacturing Survey is a monthly economic report that measures general business conditions and manufacturing activity in New York State. [1] (https://www.newyorkfed.org/survey/empire/empiresurvey_overview), [2] (https://www.investopedia.com/terms/n/nyempirestateindex.asp)Conducted by the Federal Reserve Bank of New York, it serves as an early indicator of regional and national economic trends. [1] (https://www.newyorkfed.org/survey/empire/empiresurvey_overview), [2] (https://equalsmoney.com/financial-glossary/empire-state-manufacturing-index)
How the Survey Works
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Participants: Around 200 top manufacturing executives—usually company presidents or CEOs—across New York State receive the questionnaire. [1] (https://fred.stlouisfed.org/release?rid=321), [2] (https://www.investopedia.com/terms/n/nyempirestateindex.asp)
Timing: The Federal Reserve Bank of New York sends the survey out at the beginning of the month, collecting about 100 responses between the 10th and 15th. [1] (https://www.investopedia.com/terms/n/nyempirestateindex.asp), [2] (https://fred.stlouisfed.org/release?rid=321)
Questions: Executives compare current business indicators to the previous month and provide a six-month outlook. They report on metrics like new orders, shipments, inventories, employment, and prices paid.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:oqmo2ycb2mld6dw25f4f7llx/bafkreifnynyv3p6nyeokdc4omwhdf5pa3mzzz46py7bfq3mct7wzb2nw2u)
