FX.co ★ NY Empire State Manufacturing Index Rises

The New York Empire State Manufacturing Index experienced an increase of 19.4 points, reaching 10.7 in October 2025. This marks the third positive reading within the past four months, surpassing market expectations of -1.0, and indicating modest growth in New York State's business activity. The index for new orders climbed to 3.7 from September's -19.6, while the shipments index saw a recovery, rising to 14.4 from -17.3. Delivery times saw a slight extension, registering at 3.9 compared to the previous 0.0, and the availability of supplies continued to show gradual deterioration, moving to -10.7 from -8.8. Inventory levels remained relatively stable, changing marginally from -4.9 to -1.0. Employment figures improved, moving up to 6.2 from -1.2, although the average workweek contracted slightly to -4.1 from -5.1. Both input costs and selling prices accelerated. Additionally, firms expressed increased optimism regarding the short-term outlook, with almost 50% anticipating improved conditions in the forthcoming months.