FYI: The Empire Manufacturing report put out by the New York Fed came in slightly stronger than expected in October, rising to a level of 21.1 from 19.0 and expectations for an increase to 20.0. The headline index for this report has now been positive for 24 straight months, which is the longest streak of positive readings since the 32-month streak that ended in January 2008. While the index of current General Business conditions rebounded this month, expectations pulled back for the second straight month.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/empire-manufacturing-tops-expectations/
