May 2021 Empire State Manufacturing Index Declines
Analyst Opinion of Empire State Manufacturing Survey
Key elements are in positive territory and all improved. This report is considered about the same as last month.
Econintersect reminds you that
this is a survey (a quantification of opinion). Please see the caveats at the end of this post. However, sometimes it is better not to look too deeply into the details of a noisy survey as just the overview is all you need to know
Expectations from Econoday were between 20.0 to 30.0 (consensus +25.0) versus the 24.3 reported. Any value above zero shows expansion for the New York area manufacturers.
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Coronavirus Economic Weekly News 18April 2021
News posted last week about economic effects related to the coronavirus 2019-nCoV (aka SARS-CoV-2), which produces COVID-19 disease, has been surveyed and some articles are summarized here. We cover the latest economic data, especially the new coronavirus relief bill and stimulus checks, government funding, the latest employment data, housing market reports, mortgage delinquencies & forbearance, layoffs, lockdowns, and schools, as well as GDP. The bulk of the news is from the U.S., with a few more articles from overseas at the end. (Picture below is morning rush hour in downtown Chicago, 20 March 2020.) News items about epidemiology and other medical news for the virus are reported in a companion article.
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