🇺🇸U.S. Fed Regional Surveys Point to Further Activity Slowdown
- Rosbel Durán
- Aug 15, 2022
- 1 min read
An average of three Fed regional activity surveys turned negative back in May for the first time since mid-2020
Monday's docket saw the August empire state manufacturing index falling to -31.3 from 11.1, this is the second-largest decline on record
Some glimpse of good news could be taken from the N.Y. empire state prices paid index, the gauge fell to 55.5 from 64.3
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