US NY Empire State February mftg index data now out 15 Feb
- 17.7 prev
Softer than expected/prev not good news but USD largely unfazed anyhow with US PPI coming in on expectations.
The Empire State Manufacturing Survey conducted by the Federal Reserve Bank of New York gauges business conditions for New York manufacturers. Generally speaking, a positive result indicates bullish for USD while a negative result shows poor growth of USD.
