Economic Reports 09/17/07

Summary: NY Empire Index, business declining, new orders dropping, shipments plunging.

NY Empire State Index Sep 14.7 vs prior 25.1
Full Report

Inside the number: The new orders index dropped 13.56 vs 22.21, while the shipments index declined sharply 5.09 vs 28.82, Prices received jumped 11.70 vs 3.23.

Expectations of future conditions showed higher prices paid 46.81 vs 38.81; lower prices received 23.76 vs 26.5; and less capital expeditures 22.34 vs 26.88.

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