Yikes...The spigot from manufacturing in NY was quickly turned off. This reading is the lowest since May 2020 in the height of the pandemic.Prior month -14.5 (the expectations last month was for a gain of 2.0). The decline last month was the lowest since AugustDetails:New orders -49.4 vs -11.3 last monthShipments -31.3 vs -6.4 last monthPrices paid 13.2 vs 16.7 last monthPrices Received 9.5 vs +11.5 last monthEmployment -6.9 vs -8.4 last monthAverage Employee workweek -6.1 vs -2.4 last monthUnfilled orders -24.2 vs -24.0 last monthDelivery times -8.4 versus -15.6 last month.Inventories -7.4 vs -5.2 last monthThe 6-month forward index:General business condition 18.8 versus 12.1 last monthnew
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