Manufacturing Weakens.
Empire State Manufacturing Survey (March 2015)
– General Business Conditions Index 6.90. Previous was 7.78.
This is a measure of manufacturing in New York State.
Industrial Production (February 2015)
– Production month/month +0.1% Previous was -0.3%
– Capacity Utilization Rate 78.9%. Previous was 79.1%
– Manufacturing month/month -0.2% . Previous was -0.3%.
This data is both weak and below expectations.
Housing Market Index (March 23015)
– Housing Market Index 53. Previous was 55.
This is a survey index from the National Association of Home Builders.