Empire State Manufacturing Survey: Highest Level In Four Years
2026-05-16·via All Articles on Seeking Alpha
Summary
The diffusion index for general business conditions rose 8.6 points to 19.6, its highest level in over four years.
The new orders index rose three points to 22.7, its highest level in more than four years.
The index for the number of employees was little changed at 8.3, and the average workweek index came in at 11.5, pointing to an ongoing increase in employment levels and hours worked.
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By Jennifer Nash
Manufacturing activity grew strongly in New York State, according to the Empire State Manufacturing May survey. The diffusion index for general business conditions rose 8.6 points to 19.6, its highest level in over four years. The latest reading