I like taking a look at the Empire Manufacturing Index because it is the first glance and manufacturing in the current month.
However, the survey is considered to be near the low end of the “A List” of economic reports and typically does not have an impact on the stock and bond markets. Today may have just been one of those exceptions and contributed to the sell-off on Wall Street.
For a more detailed look, please see Empire manufacturing slackens on Examiner.com.
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