FYI: Manufacturing activity in the New York region heated up right with the temperature in August as the Empire Manufacturing survey unexpectedly rose to 25.6 versus estimates for a reading of 20. As shown below, the tracker for General Business conditions hit its highest level since last October. Expectations, however, remain a bit more subdued. While the index for Business Conditions six months from now increased on a m/m basis, it remains well off of its recent highs.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/empire-manufacturing-rebounds/
