New York Empire State Index

New York Empire State Index
Definition: In New York Fed conducts this monthly survey of manufacturers in New York State. Participants from across the state representing various industries. The first of each month, the same pool of some 175 manufacturing executives (usually the CEO or president) is sent a questionnaire to report the change in the range of indicators from the previous month. Respondents also give their views on the route, probably from these same indicators six months. This index is seasonally adjusted using seasonal factors Philadelphia Fed for its history is not long enough with data only going back a few years.