Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Empire State index shows faster growth in March

Empire State index shows faster growth in March (by Greg Robb)

WASHINGTON (MarketWatch) - Manufacturing activity grew in the New York region in March at a faster pace than in February, according to the Empire State manufacturing survey released Tuesday by the New York Federal Reserve Bank. The Empire state index rose to 17.5 in March from 15.4 in February. This is the fourth straight increase and the highest level of the index since last June. The gain was a bit less than expected. Economists polled by MarketWatch expected the index to rise to 18.3 in March. The new orders index fell to 5.8 in March from 11.8 in February, while the shipments index fell to 1.6 from 11.3. The two employment indexes were stronger and unfilled orders rose above zero for the first time in a year. The prices paid index rose to 53.3, and has risen a cumulative 31 points over the past four months.