September Empire Fed -11.9 vs +3.85 expected ...Middle East

Empire Fed -11.9 vs +11.5 priorDetails:New orders: -10.2 vs +9.4 priorShipments: -2.7 vs +17.9 priorUnfilled orders: -2.2 vs +2.1 priorDelivery times: -3.2 vs -1.1 priorInventories: -7.5 vs 0.0 priorPrices paid: 29.0 vs 23.2 priorPrices received: 10.8 vs 7.4 priorEmployment: 4.1 vs -5.7 priorAverage employee workweek: 4.7 vs 2.9 priorSupply availability: -7.5 vs -2.1 priorSix-month ahead expectations:General business conditions: 38.7 vs 30.6 priorNew orders: 38.4 vs 39.9 priorCapital expenditures: 9.7 vs -2.1 priorDespite the overall contraction, there were some bright spots:Labor market conditions improved slightly, with small increases in both employment and average workweek.Optimism about

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