Abstract

References (6)

Beta

Download | Share | Email | Add to Briefcase | Buy Hard Copy

The Predictive Abilities of the New York Fed's Empire State Manufacturing Survey

Charles Steindel
Federal Reserve Bank of New York

Richard Deitz
Federal Reserve Bank of New York - Research Group

Current Issues in Economics and Finance, Vol. 11, No. 1, January 2005

Abstract:
Business surveys often give early signals of the direction and magnitude of economic activity. One release, the relatively new Empire State Manufacturing Survey, is demonstrating an ability to provide information ahead of U.S. production and employment trends. In fact, the predictive power of this survey appears to be at least equal to that of two established manufacturing surveys.

Keywords: New York, Empire State, Index, Manufacturing

JEL Classifications: E23, E27, R11

Accepted Paper Series

Date posted: March 08, 2005 ; Last revised: March 08, 2005

Suggested Citation

Steindel, Charles and Deitz, Richard, The Predictive Abilities of the New York Fed's Empire State Manufacturing Survey. Current Issues in Economics and Finance, Vol. 11, No. 1, January 2005. Available at SSRN: http://ssrn.com/abstract=680642

Export to: Export Citation What's this?

Contact Information

Charles Steindel (Contact Author) Federal Reserve Bank of New York ( email ) 33 Liberty Street New York, NY 10045 United States
Richard Deitz Federal Reserve Bank of New York - Research Group ( email ) 33 Liberty Street New York, NY 10045 United States

Abstract

References (6)

Date posted: March 08, 2005 ; Last revised: March 08, 2005

Suggested Citation

Contact Information

Charles Steindel (Contact Author)

Richard Deitz