US April Empire Manufacturing index 15.8 vs 18.4 estimate

Manufacturing survey data from the New York Fed

• Manufacturing index 15.8 versus 18 4 estimate
• Prior month 22.5 unrevised
• Employment index 6.0 versus 9.4 prior
• New orders index 9.0 versus 16.8prior
• Prices paid 47.4 versus 50.3 prior
• Six-month business condition index 18.3 versus 44.1 prior
• Six-month business conditions index at lowest in more than 2 years

A disappointing number for the New York area manufacturing this month after the strong number that month.