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Empire State Survey close
# Revised Better / Worse Units: index
Impact Actual Forecast Previous Time Date
Med 11.92 12.50 9.89 08:30 1/18


Federal Reserve Bank of New York


The economic sentiment of around 200 manufacturing executives in New York.



Why should I care?

Aside from its correlation with the Philadelphia Fed Index and the ISM Manufacturing survey, the Empire State Survey also serves as an early indicator in the manufacturing industry as it is released earlier than other indicators.


The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

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Released: Jan 18, 2011 8:30
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