USD: Empire State Manufacturing Index at 6:00 PM


Today we do not have much major data except state manufacturing index.

Manufacturing index

USD: Empire State Manufacturing Index at 6:00 PM

Measures: Level of a diffusion index based on surveyed manufacturers in New York state;

Released monthly, around the middle of the current month of Manufacturing Index;
Next Release Date Nov 15, 2022

Above 0.0 indicates improving conditions, below means worsening conditions

It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;

Forecast- [-4.3]
Previous- [-1.5]
Actual- ?

Impact- The forecast figure seems to be negative for base metals and the dollar while positive for bullions. The actual figure is to release at 6:00 PM.

Source: Forex Factory

For more regular updates on economic indicators stay tuned with us…!!


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