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The US March New York Fed Manufacturing Index was announced as -20, with an expected -0.75.
On March 17, the US March New York Fed manufacturing index was announced as -20, with an expected value of -0.75 and a previous value of 5.7. The New York Fed Manufacturing Index (NY Empire State Index) is an indicator published by the New York Fed. The manufacturing index is an important index in economics, which, along with the Consumer Price Index, Producer Price Index, Industrial Production Index, etc., collectively constitutes a barometer of the macroeconomy. When the actual value>expected value, it will be Favourable Information for the US dollar.