Empire State Manufacturing Survey: Modest Growth In February

Here is an overlay of the current and future conditions (a six-month outlook).

 

Meanwhile, here's another look at the latest ISM Manufacturing Business Activity Index.

 

Let's compare all five Regional Manufacturing indicators. Here is a three-month moving average overlay of each since 2001 (for those with data).

 

Here is the same chart including the average of the five. Readers will notice the range in expansion and contraction between all regions.

 

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