Regional Manufacturing Update: Empire State Looking a Bit Scary

Doug Short from Advisor Perspectives is out with a thought-provoking new article:

Until the past few months I’ve not routinely reported on monthly manufacturing data, regional or otherwise. However, now that I’m tracking the Big Four economic indicators, which includes Industrial Production, I’m watching these indexes more closely. This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions was not good.

Read the rest and see the charts, here.