Replies to post #653204 on *SCALPSWINGSTRADDLE* ($$$)

[Zephyr]

Empire State Mfg Survey
Released On 1/15/2015 8:30:00 AM For Jan, 2015
Prior Prior Revised Consensus Consensus Range Actual
General Business Conditions Index - Level -3.58 -1.23 5.0 0.0 to 8.0 9.95
Highlights
The first indication on January's manufacturing sector is positive with the Empire State index rising out of contraction to plus 9.95 vs December's slightly revised minus 1.23 (initial reading minus 3.58).

New orders show respectable strength at plus 6.09 vs a near zero reading in December while shipments rose to plus 9.95 from plus 2.25. A big positive in the report is a solid gain in employment which rose to 13.68 vs 8.33. The gain here points to confidence in Empire State's sample underscored by a more than 9 point jump in the 6-outlook to 48.35.

Other readings include modest upward pressure for both input and output prices, a welcome indication given ongoing concerns over oil-related deflation. Next reading on manufacturing will be later this morning at 10:00 a.m. ET with the Philly Fed report, a closely watched report that has been showing exceptional strength in recent months.