Empire Fed Manufacturing Report Crushes Expectations

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Photo: John Moore/Getty Images

UPDATE:

There’s still life in this economy!

The Empire Fed Manufacturing report smashed expectations at 17.09.

Analysts expected 9.0.

That’s also well ahead of last month’s 6.56.

The full report will be here.

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ORIGINAL POST: The first of the regional Fed surveys to kick things off: May Empire Fed.

This survey measures the temperature of the manufacturing industry in the New York region.

Analysts expect a reading of 9.00 vs. last month’s 6.56.

We’ll have it LIVE at 8:30 AM ET.

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