The New York Fed’s Empire State Manufacturing Index jumped 10 points to 15.6 in July 2026, signaling a significant pickup in business activity across New York State. New orders and shipments saw strong growth, while unfilled orders rose and delivery times lengthened further. Supply availability continued to deteriorate. Employment increased at a solid pace, and the average workweek edged higher. Input and selling price increases remained elevated but slowed slightly. Firms maintained an optimistic outlook for the coming months. source: Federal Reserve Bank of New York

NY Empire State Manufacturing Index in the United States increased to 15.60 points in July from 5.70 points in June of 2026. NY Empire State Manufacturing Index in the United States averaged 6.36 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 July of 2026.

NY Empire State Manufacturing Index in the United States increased to 15.60 points in July from 5.70 points in June of 2026. NY Empire State Manufacturing Index in the United States is expected to be -9.00 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 and 4.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-15 12:30 PM
NY Empire State Manufacturing Index
Jun 5.70 19.60 14 12
2026-07-15 12:30 PM
NY Empire State Manufacturing Index
Jul 15.60 5.70 8.8 6.2
2026-08-17 12:30 PM
NY Empire State Manufacturing Index
Aug 15.60



Components Last Previous Unit Reference
NY Empire State Employment Index 11.40 9.60 points Jul 2026
NY Empire State New Orders Index 22.20 3.50 points Jul 2026
NY Empire State Prices Paid Index 52.30 61.00 points Jul 2026
NY Empire State Shipments Index 24.40 8.60 points Jul 2026

Related Last Previous Unit Reference
NY Empire State Manufacturing Index 15.60 5.70 points Jul 2026
NY Fed Services Activity Index 8.70 -10.10 points Jul 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
15.60 5.70 39.00 -80.00 2001 - 2026 points Monthly
SA

News Stream
New York Manufacturing Activity Surges in July
The New York Fed’s Empire State Manufacturing Index jumped 10 points to 15.6 in July 2026, signaling a significant pickup in business activity across New York State. New orders and shipments saw strong growth, while unfilled orders rose and delivery times lengthened further. Supply availability continued to deteriorate. Employment increased at a solid pace, and the average workweek edged higher. Input and selling price increases remained elevated but slowed slightly. Firms maintained an optimistic outlook for the coming months.
2026-07-15
New York Manufacturing Growth Slows in June
The New York Fed’s Empire State Manufacturing Index fell to 5.7 in June 2026, down from 19.6 in the previous month and well below market expectations of 14, indicating a notable slowdown in regional manufacturing activity, according to firms surveyed in the Empire State Manufacturing Survey. Despite the weaker headline reading, several underlying indicators showed continued expansion. New orders and shipments both rose, while unfilled orders also increased. However, supply chain pressures persisted, with delivery times lengthening and supply availability continuing to deteriorate. Labor market conditions remained firm, with employment expanding for a fifth consecutive month and the average workweek also increasing. Meanwhile, inflationary pressures remained elevated, as both input and selling price increases stayed strong. Looking ahead, firms maintained a broadly optimistic outlook for business conditions over the coming months, despite near-term moderation in activity.
2026-06-15
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