NY Fed ESMS Eases

The Empire State Manufacturing Survey eased from January (10 to 7.8).  Never mind shipments, prices, etc.  What matters is new orders and they fell from 6.09 to 1.22.  Here’s the full report for any geeks with too much time on their hands.  I am actually in the Empire State right now.  NYC to be exact.  It’s like Boston, really cold, but without the walls of snow.

nyfed.esms

Posting should be more normal come Thursday.