The NY Empire State Manufacturing Index in the US unexpectedly increased to 19.6 in May 2026 from 11 in April, above forecasts of 7.5. The reading showed that New York State manufacturing activity grew at its fastest pace in over four years. New orders (22.7 vs 19.3) and shipments (18.9 vs 20.2) increased considerably for the second consecutive month and unfilled orders rose (4.9 vs 9.1). Also, employment levels (8.3 vs 9.8) and the average workweek (11.5 vs 13.7) both continued to increase. Meanwhile, delivery times lengthened substantially (20.4 vs 12.1), and supply availability worsened somewhat (-10.7 vs -10.1). The pace of input price increases (62.6 vs 51) and selling price increases (31.8 vs 21.8) picked up sharply. Looking ahead, firms grew more optimistic about the outlook (33.5 vs 19.6). Employment is expected to grow while capital spending plans remained modest. Prices are expected to continue to rise, and supply availability is expected to worsen. source: Federal Reserve Bank of New York

NY Empire State Manufacturing Index in the United States increased to 19.60 points in May from 11 points in April of 2026. NY Empire State Manufacturing Index in the United States averaged 6.33 points from 2001 until 2026, reaching an all time high of 39.00 points in April of 2004 and a record low of -80.00 points in April of 2020. This page provides the latest reported value for - United States NY Empire State Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States NY Empire State Manufacturing Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

NY Empire State Manufacturing Index in the United States increased to 19.60 points in May from 11 points in April of 2026. NY Empire State Manufacturing Index in the United States is expected to be -5.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States NY Empire State Manufacturing Index is projected to trend around 3.50 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-15 12:30 PM
NY Empire State Manufacturing Index
Apr 11.00 -0.20 -0.5 -3.1
2026-05-15 12:30 PM
NY Empire State Manufacturing Index
May 19.60 11.00 7.5 7
2026-06-15 12:30 PM
NY Empire State Manufacturing Index
Jun 19.60 -5



Components Last Previous Unit Reference
NY Empire State Employment Index 8.30 9.80 points May 2026
NY Empire State New Orders Index 22.70 19.30 points May 2026
NY Empire State Prices Paid Index 62.60 51.00 points May 2026
NY Empire State Shipments Index 18.90 20.20 points May 2026

Related Last Previous Unit Reference
NY Empire State Manufacturing Index 19.60 11.00 points May 2026
NY Fed Services Activity Index -5.80 -14.00 points May 2026


United States NY Empire State Manufacturing Index
New York Empire State Manufacturing Index is based on data compiled from the survey of 200 executives from the companies in the manufacturing sector in the New York State. Participants report the change in 11 indicators including level of general business activity, new orders, shipments, inventories, number of employees, delivery time, capital expenditure from the previous month and the likely direction of these indicators in six months. A reading above 0 indicates manufacturing activity is expanding, below 0 is contracting.
Actual Previous Highest Lowest Dates Unit Frequency
19.60 11.00 39.00 -80.00 2001 - 2026 points Monthly
SA

News Stream
NY Manufacturing Activity Rises the Most in Over 4 Years
The NY Empire State Manufacturing Index in the US unexpectedly increased to 19.6 in May 2026 from 11 in April, above forecasts of 7.5. The reading showed that New York State manufacturing activity grew at its fastest pace in over four years. New orders (22.7 vs 19.3) and shipments (18.9 vs 20.2) increased considerably for the second consecutive month and unfilled orders rose (4.9 vs 9.1). Also, employment levels (8.3 vs 9.8) and the average workweek (11.5 vs 13.7) both continued to increase. Meanwhile, delivery times lengthened substantially (20.4 vs 12.1), and supply availability worsened somewhat (-10.7 vs -10.1). The pace of input price increases (62.6 vs 51) and selling price increases (31.8 vs 21.8) picked up sharply. Looking ahead, firms grew more optimistic about the outlook (33.5 vs 19.6). Employment is expected to grow while capital spending plans remained modest. Prices are expected to continue to rise, and supply availability is expected to worsen.
2026-05-15
NY Manufacturing Activity Rebounds
The NY Empire State Manufacturing Index in the US jumped to 11 in April 2026, the highest in five months, compared to -0.2 in March sand beating forecasts of -0.5. The reading showed that manufacturing activity grew moderately in New York State, with 36% of firms reporting an increase in activity and 25% reporting a decrease. New orders (19.3 vs 6.4) and shipments (20.2 vs -6.9) increased significantly, and employment expanded (9.8 vs 5.8). However, input price increases accelerated (51 vs 36.6), supply availability is expected to worsen (-10.1 vs -3.9), and firms became less optimistic about the outlook (19.6 vs 31).
2026-04-15
NY Manufacturing Activity Stalls in March
The NY Empire State Manufacturing Index in the US fell to -0.2 in March 2026 from 7.1 in February, well below forecasts of 3.2. The reading showed that manufacturing activity held steady in the New York State in March. New orders increased modestly (6.4 vs 5.8), while shipments declined (-6.9 vs -1). Unfilled orders rose (10.8 vs 9.1), delivery times lengthened (13.7 vs 4), and supply availability was slightly worse (-3.9 vs -1). Also, inventories increased (6.9 vs 7.1), employment rose modestly (5.8 vs 4) and the average workweek edged up (1.9 vs 2.1). The pace of input price increases declined significantly but remained elevated (36.6 vs 49.1), while the pace of selling price increases was little changed (21.4 vs 22.2). Meanwhile, firms remained optimistic that conditions would improve in the months ahead (31 vs 34.7), and capital spending plans strengthened (21.6 vs 18.2).
2026-03-16