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June 15, 2012

Industrial Production (May 2012)

Production - Month/Month -0.1%
Capacity Utilization Rate - 79.0%. Previous was 79.2%

 

Manufacturing has plateaued having recovered from the dip which started in 2008.

 

Empire State Manufacturing (June 2012)

General Business Conditions Index - Level 2.29.  Any positive number indicates expansion but this is down from the previous month's 17.09 

Counties and cities in New York State have done their best to drive away business as a consequence of high property taxes. 

Consumer Sentiment (June 2012)

 

Sentiment Index - Level 74.1. Previous was 79.3. This is a survey index allegedly measuring consumers predisposition to spend.   

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