tag:blogger.com,1999:blog-11027528911364475.post5849801231165967804..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Empire Manufacturing "Modest" Gain... Orders FallJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11027528911364475.post-23814131224816562702010-08-16T17:03:16.679-07:002010-08-16T17:03:16.679-07:00It would be a shame if hiring went up for a restoc...It would be a shame if hiring went up for a restocking inventory blip only to trend down after its done.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-19069812103449920162010-08-16T16:24:18.036-07:002010-08-16T16:24:18.036-07:00Jake, Although new orders have been in a decelerat...Jake, Although new orders have been in a decelerating trend for months, the "number of employees" diffusion index is holding at a positive level. That is, even though employers could see the problem with new orders coming, they have <a href="http://www.clearonmoney.com/dw/doku.php?id=investment:commentary:2010:08:16-empire_state_manufacturing_survey_mixed" rel="nofollow">continued to hire</a>. Why? My guess is that the decline in new orders is mostly due to the inventory cycle and hence is seen by managers to be temporary. Any thoughts?Jim Ficketthttp://www.clearonmoney.comnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-16465617280678661712010-08-16T11:59:30.581-07:002010-08-16T11:59:30.581-07:00That final GDP number is going lower every day it ...That final GDP number is going lower every day it seems.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com