He Manufacturing Empire Index published by the New York Federal Reserve has fallen about seven points in Junecollapsing to -16 from -9.2.2.2. The figure disappoints market expectations, which expected an improvement at -5.5 points.
This is the fourth consecutive month in which the indicator shows a negative resultregistering your worse figure since March.
According to the New York Fed statement, The new orders and shipments decreased. The delivery deadlines were stable and the availability of supplies worsened. The inventories experienced few changes. Employment grew slightly for the first time in several months, while the average work week remained stable. The increases in input prices slowed down, but remained substantial, while the increases in sales prices rebounded. Companies were optimistic about perspectivesand the index of future general business conditions exceeded zero for the first time since March.
Dollar reaction
The American dollar index (DXY) retreated after the publication, falling to 97.77, its lowest level in the day. At the time of writing, the green ticket is traded on 97.83 points, losing 0.31% daily.
Economic indicator
Manufacturing Empire Index
This index is based on a survey of New York industrialists conducted by the New York Bank Federal Reserve. It shows the movement of the industrial sector in the United States. A better result than expected represents a bullish scenario for the dollar while a worse result that consensus represents a bearish scenario.
Read more.
Last publication: Lun Jun 16, 2025 12:30
Frequency: Monthly
Current: -16
Dear: -5.5
Previous: -9.2
Fountain: Federal Reserve Bank of New York
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
