US Empire State Manufacturing Index
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;
Above 0.0 indicates improving conditions, below indicates worsening conditions;
- US Empire State Manufacturing Index Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| May 15, 2026 | 19.6 | 7.3 | 11.0 |
| Apr 15, 2026 | 11.0 | 0.3 | -0.2 |
| Mar 16, 2026 | -0.2 | 4.0 | 7.1 |
| Feb 17, 2026 | 7.1 | 6.4 | 7.7 |
| Jan 15, 2026 | 7.7 | 0.8 | -3.9 |
| Dec 15, 2025 | -3.9 | 9.8 | 18.7 |
| Nov 17, 2025 | 18.7 | 6.1 | 10.7 |
| Oct 15, 2025 | 10.7 | -1.8 | -8.7 |
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- US Empire State Manufacturing Index News
From newyorkfed.org|May 15, 2026|2 commentsBusiness activity grew strongly in New York State in May, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index climbed nine points to 19.6, its highest level in more than four years. New orders and shipments increased considerably for the second consecutive month. Unfilled orders rose. Delivery times lengthened substantially, and supply availability worsened somewhat. Employment levels and the average workweek both continued to increase. The pace of input price ...
From newyorkfed.org|Apr 15, 2026Business activity increased moderately in New York State in April, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index rose eleven points to 11.0. New orders and shipments increased significantly. Unfilled orders rose and delivery times lengthened. Supply availability worsened somewhat. Employment expanded and the average workweek increased. The pace of input price increases picked up sharply after slowing last month, while the pace of selling price increases was ...
From newyorkfed.org|Mar 16, 2026Business activity was little changed in New York State in March, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index fell seven points to -0.2. New orders increased modestly, while shipments declined. Unfilled orders rose, delivery times lengthened, and supply availability was slightly worse. Inventories increased. Employment rose modestly and the average workweek edged up. The pace of input price increases declined significantly, but remained elevated, while the pace ...
From newyorkfed.org|Feb 17, 2026|4 commentsBusiness activity rose modestly in New York State in January, according to firms responding to the Empire State Manufacturing Survey. Alter dipping slightly below zero last month, the headline general business conditions index climbed eleven points to 7.7. New orders increased, and shipments grew at a solid pace. Delivery times were unchanged and inventories edged down, while supply availability worsened slightly. Employment and the average workweek both declined aller increasing over the prior two months. The pace of input price ...
From newyorkfed.org|Jan 15, 2026Business activity rose modestly in New York State in January, according to firms responding to the Empire State Manufacturing Survey. After dipping slightly below zero last month, the headline general business conditions index climbed eleven points to 7.7. New orders increased, and shipments grew at a solid pace. Delivery times were unchanged and inventories edged down, while supply availability worsened slightly. Employment and the average workweek both declined after increasing over the prior two months. The pace of input price ...
From newyorkfed.org|Dec 15, 2025Business activity declined slightly in New York State in December, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index fell twenty-three points to -3.9. New orders held steady while shipments decreased modestly. Delivery times quickened, unfilled orders declined, and supply availability worsened. Inventories expanded. Employment increased modestly and the average workweek edged up. The pace of both input price increases and selling price increases moderated but ...
From newyorkfed.org|Nov 17, 2025|1 commentBusiness activity increased at a solid pace in New York State in November, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index rose eight points to 18.7, its fourth positive reading in the last five months. New orders and shipments increased significantly. Delivery times lengthened modestly, and supply availability worsened somewhat. Inventories expanded. Labor market indicators improved, pointing to a small increase in employment and a longer average workweek. The ...
From newyorkfed.org|Oct 15, 2025|2 commentsBusiness activity increased modestly in New York State in October, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index climbed nineteen points to 10.7, its third positive reading in the last four months. New orders edged higher and shipments increased. Delivery times were slightly longer, and supply availability continued to worsen somewhat. Inventories were little changed. Employment increased, while the average workweek was slightly lower. The pace of both input ...
| Released on May 15, 2026 |
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| Released on Apr 15, 2026 |
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| Released on Mar 16, 2026 |
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| Released on Feb 17, 2026 |
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| Released on Jan 15, 2026 |
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| Released on Dec 15, 2025 |
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| Released on Nov 17, 2025 |
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| Released on Oct 15, 2025 |
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