Estados Unidos Índice de Atividade Industrial NY Empire State

The NY Empire State Manufacturing Index fell to -9.2 in May 2025 from -8.1 in April, but came in better than the forecasted -10, indicating continued but modest declines in business activity. The index turned positive for both new orders (7.0 vs -8.8) and shipments (3.5 vs -2.9), while delivery times edged higher (1.0 vs 0). Meanwhile, supply availability worsened (-11.4 vs -5.7), and inventories rose at a slower pace (4.8 vs 7.4). Employment also declined further (-5.1 vs -2.6), and the average workweek remained negative (-3.4 vs -9.1). Input prices rose to a two-year high (59.0 vs 50.8), while selling price increases slowed (22.9 vs 28.7). Looking ahead, firms remained pessimistic, with the future business conditions index still negative (-2.0 vs -7.4). They expect weaker orders, reduced capital spending (-6.7), and worsening supply availability (-27.6), while future selling price expectations eased (35.2 vs 45.9) despite rising costs.