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NY Empire State Manufacturing Index in focus for Monday

As traders approach another pivotal day for financial markets, the New York Empire State Manufacturing Index takes center stage on Monday, September 16, 2024. This crucial economic indicator could sway market dynamics, offering insights into the manufacturing sector’s health in New York state.

Major Economic Events to Watch

• 8:30 AM ET – NY Empire State Manufacturing Index: Expected at -3.90, previous -4.70. This index rates the relative level of general business conditions in New York state, with a reading above 0.0 indicating improving conditions.

Other Important Economic Events to Watch

• No 2-star events scheduled for this day.

Other Economic Events to Watch

• 11:30 AM ET – 3-Month Bill Auction: Previous 4.895%. This auction provides insight into short-term government borrowing costs.

• 11:30 AM ET – 6-Month Bill Auction: Previous 4.530%. This auction offers a view into medium-term government borrowing rates.

For further information and the latest updates, please refer to our Economic Calendar, here https://www.investing.com/economic-calendar/

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

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