{"id":227570,"date":"2021-04-15T17:23:00","date_gmt":"2021-04-15T14:23:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ny-empire-state-philly-fed-factory-indexes-jump-in-april\/"},"modified":"2021-04-15T17:23:00","modified_gmt":"2021-04-15T14:23:00","slug":"ny-empire-state-philly-fed-factory-indexes-jump-in-april","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ny-empire-state-philly-fed-factory-indexes-jump-in-april\/","title":{"rendered":"#\n  NY Empire State, Philly Fed factory indexes jump in April"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3df47314cb5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3df47314cb5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ny-empire-state-philly-fed-factory-indexes-jump-in-april\/#New_York_hits_263_Philadelphia_index_soars_to_502_but_rising_prices_seen\" >New York hits 26.3, Philadelphia index soars to 50.2 but rising prices seen<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/ny-empire-state-philly-fed-factory-indexes-jump-in-april\/#Greg_Robb\" >Greg Robb<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  NY Empire State, Philly Fed factory indexes jump in April<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"New_York_hits_263_Philadelphia_index_soars_to_502_but_rising_prices_seen\"><\/span>\n  New York hits 26.3, Philadelphia index soars to 50.2 but rising prices seen<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div class=\"cx--next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000231824\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       <strong>The numbers: <\/strong> Two U.S. regional gauges of manufacturing sentiment showed strength in April, according to data released Thursday.<\/p>\n<p> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.philadelphiafed.org\/surveys-and-data\/regional-economic-analysis\/mbos-2021-04\" class=\"icon none\">The Philadelphia Federal Reserve manufacturing index<\/a> jumped to a reading of 50.2 in April from a revised 44.5 in the prior month. This is highest level in almost 50 years. Economists had expected a reading of 42 after the initial reading for March of 51.8, according to a Wall Street Journal survey of economists.<\/p>\n<div class=\"paywall\">\n       <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newyorkfed.org\/survey\/empire\/empiresurvey_overview.html#tabs-3\" class=\"icon none\">The New York Federal Reserve\u2019s Empire State Index, <\/a>meanwhile rose to a reading of 26.3 in April from 17.4 in March, the New York Fed said. That\u2019s the highest reading since October 2017. Economists had expected a reading of 20, according to the Wall Street Journal.<\/p>\n<p>Any reading above zero indicates improving conditions.<\/p>\n<p><strong>What h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened:<\/strong>  The Philly Fed index is based on a single-stand alone question about business conditions, unlike the Empire survey which are composites based on components. In April, the Philly Fed components were also strong.<\/p>\n<p>Price pressures were evident in both reports. In New York, input prices hit the highest level since 2008 while selling prices hit a record. In Philadelphia, prices slipped only a bit after reaching a 40-year high in March.  <\/p>\n<table>\n<tbody>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      EMPIRE   <\/p>\n<p>April<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      EMPIRE March<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      PHILLY FED April<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      PHILLY FED March<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> Business conditions<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      26.3<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      17.4<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      50.2<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      44.5<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      New orders<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      26.9<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      9.1<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      36<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      38.2<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Shipments<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      25<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      21.1<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      25.3<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      22<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Number of employees<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      13.9<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      9.4<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      30.8<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      27.4<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Prices paid<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      74.7<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      64.4<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      69.1<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      72.6<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Prices received<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      34.9<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      24.2<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      34.5<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      30.2<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Big picture:<\/strong> Manufacturing remains a bright spot in the pandemic.  The two regional Fed surveys are used by economists to gauge the strength of the national ISM factory index, which will be released on May 3. Last month, the ISM index jumped to 64.7%, its highest level since December 1983.<\/p>\n<p><strong>What are they saying? <\/strong>The regional Fed surveys \u201csignal the manufacturing sector is on fire, with little sign of slowing down,\u201d said Oren Klachkin, economist at Oxford Economics. <\/p>\n<p><strong>Market reaction: <\/strong> U.S. stocks<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+0.74%<\/bg-quote><\/p>\n<p>        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+0.83%<\/bg-quote><br \/>\n       were trading in record territory Thursday as the economic data, including retail sales and jobless claims, was strong across the board.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Greg Robb\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Greg_Robb\"><\/span>Greg Robb<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D38990C9F888%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# NY Empire State, Philly Fed factory indexes jump in April &#8221; New York hits 26.3, Philadelphia index soars to 50.2 but rising prices seen The numbers: Two U.S. regional gauges of manufacturing sentiment showed strength in April, according to data released Thursday. The Philadelphia Federal Reserve manufacturing index jumped to a reading of 50.2&#8230;<\/p>\n","protected":false},"author":1,"featured_media":227571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-227570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/227570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=227570"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/227570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/227571"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=227570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=227570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=227570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}