The Empire State Manufacturing survey for November 2010 is out and what a nosedive! General Business Conditions dropped 27 points! New Orders dropped 37 points in a month.
The Empire State Manufacturing survey for August 2010 is out. While the overall business conditions index is 7.10 for August, up from July's 5.08, new orders is the real story. New orders are -2.71. In July, new orders were indexed at 10.71.
The Empire State manufacturing survey for May is out. General Business conditions are showing a slow down, a drop of 13 points in a month to an overall positive number, 19.1.
The Philly Fed Index for January 2010 came in at 15.2. Last month was 22.5. Anything above zero is factory expansion. This index is for the Philadephia Fed region.
Last month's Industrial production and capacity utilization data was spun to some glorious V for victory recovery, at which point I noted a contraction is a contraction, which is what last months data was.
I've been looking over industrial production and capacity utilization for July 2009, trying to analyze a trend. July's industrial production index rose to 96.0.
Here is last months graph, not including this months number, zeroing in on this depression recession.
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