Activity

Much weaker August Empire Manufacturing Index at -19 vs. -1 est. & +1.1 prior; new orders sank to -19.9, shipments fell to -12.3, prices paid rose to +25.2, and workweek fell to -10.7 (all trends worse vs. prior month) … employment dipped back into contraction pic.twitter.com/IZ8uDdFECl

— Liz Ann Sonders (@LizAnnSonders) August 15, 2023