Empire State, Philly Fed indexes hold steady in August
Thursday, 15 August 2019 20:03 WIB | ECONOMY |Ekonomi ASPhillyy Fed Index

Two gauges of manufacturing sentiment held their own in August, according to data released Thursday.

The Philadelphia Fed manufacturing index fell slightly to a reading of 16.8 in August from 21.8 in July. Economists had expected a much bigger drop to 11.1, according to Econoday.

The Empire State Index, meanwhile inched up at a reading of 4.8 in August from 4.3 in July, the New York Fed said. Economists had expected a reading of 2.5. The index has recovered a bit from a very weak -8.6 reading in June.

Any reading above zero indicates improving conditions.

What happened: The level of the activity index in the Philadelphia region in July was much higher than other regional Fed manufacturing surveys.

In the New York region, optimism about future activity slumped, with the futures business index falling to 25.7 in August from 30.8 in July. In the Philadelphia region, optimism only fell slightly.

Source: Marketwatch

RELATED NEWS

U.S. Consumer Confidence Edges Up to Six-Month High on Outlook
Tuesday, 25 February 2020 22:17 WIB

U.S. consumer confidence edged up to the best level in six months on an improvement in expectations, signaling that solid employment and cheap fuel are helping Americans look past concerns about the spread of the coronavirus. The Conference Board™s reading increased to 130.7 from a down...

German Business Morale Rises in February, Unfazed by Coronavirus - Ifo
Monday, 24 February 2020 16:38 WIB

German business morale rose unexpectedly in February, a survey showed on Monday, easing recession fears in Europe™s largest economy which has been losing momentum as its manufacturers struggle with falling exports. The Ifo institute said its business climate index rose to 96.1 after an upwardly r...

U.S. Business Gauge Posts First Contraction Since 2013 on Virus
Friday, 21 February 2020 21:54 WIB

U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders, a warning sign that the outbreak is starting to dent the world™s largest economy. The IHS Markit purchasing managers™ index measuring&n...

U.K. Economy Is Picking Up Despite Coronavirus Concerns
Friday, 21 February 2020 16:42 WIB

The U.K. economy continued a run of better-than-expected growth in February, more evidence of a rebound after fourth-quarter stagnation. While the expansion continued apace, there were also signs of a hit to supply chains from coronavirus, according to IHS Markit's flash purchasing managers index. ...

German Economy Faces Coronavirus Hit as Export Orders Sink
Friday, 21 February 2020 15:45 WIB

Germany's economy is facing renewed pressure from beyond its borders as export orders plunge and manufacturers worry about the impact of the coronavirus outbreak on their supply chains. The latest purchasing managers index from IHS Markit shows industry still in a contraction, and expectations for ...

POPULAR NEWS
Wednesday, 26 February 2020 23:20
Dollar Rises With Stocks, Investors Stay Cautious
ANOTHER NEWS
Hong Kong, Shanghai Stocks Enjoy Rare Upturn (Review)
Friday, 28 February 2020 04:20 WIB Hong Kong and Shanghai stocks ended higher Thursday as the spread of coronavirus shows signs of easing in China, with figures showing for the first time there were more infections reported outside the country than inside. The Hang Seng Index added...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.