SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tradermike_1999 who started this subject5/15/2003 7:39:08 PM
From: energyplay  Read Replies (1) of 74559
 
30 Point Plus Surge in NY Fed Survey
5/15/03 08:08 AM ET Kendall Harmon TheStreet.com

The Empire State Manufacturing Survey just released shows "that conditions for New York's manufacturers improved substantially in May. The general business conditions index rose over 30 points, from -20.2 to 10.6. Other indexes also showed marked gains, with the exception of the prices received index, which remained negative. Although the prices paid index retreated slightly, it remained positive. The new orders and shipments indexes returned to positive levels from the significantly negative values of last month. For the first time in several months, the number of employees index was positive. Expectations for conditions six months ahead rose for a second consecutive month, and many of the future indexes returned to levels that had not been seen since January."

******(

You can find surveys pointing up, down and sideways. This is a later one (May) and it's WAY up...

Just another datapoint.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext