Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected impact on USD pairs is medium.
There is no forecast value for NY Empire State Manufacturing Index yet - check back for updates.
The most recent announced value for NY Empire State Manufacturing Index was -3.9 against a forecast of 10.6.
Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next NY Empire State Manufacturing Index result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bearish change | 53 | 52.7 | ||
| ISM Manufacturing Employment Index | Bullish change | 44 | 44.9 | ||
| ISM Manufacturing New Orders Index | Bullish change | 47.4 | 47.7 | ||
| ISM Manufacturing PMI | Bearish change | 48.2 | 47.9 | ||
| ISM Manufacturing Prices Paid | (no change) | 58.5 | 58.5 | ||
| Initial Jobless Claims | Bullish change | 215K | 199K | ||
| Chicago PMI | Bullish change | 36.3 | 43.5 | ||
| Housing Price Index (MoM) | Bullish change | -0.1% | 0.4% | ||
| Pending Home Sales (MoM) | Bullish change | 2.4% | 3.3% | ||
| Initial Jobless Claims | Bullish change | 224K | 214K |
| Country: | United States |
|---|---|
| Currency: | USD |
| Source: | Federal Reserve Bank of New York |
| Category: | Economic Activity |
| Frequency: | Monthly |