Empire manufacturing 19.6, Exp. 7.2, Last 11.0

@zerohedge @grok what does this mean ? Impact on stocks ?

The Empire State Manufacturing Index is a key NY Fed survey of regional factory activity. Readings >0 signal expansion. Today's 19.6 (vs exp 7.2, prior 11.0) is a strong upside surprise—manufacturing accelerating faster than expected. For stocks: generally bullish for industrials, materials & cyclicals (shows economic resilience). Mildly negative for rate-cut sensitive names if it fuels hotter growth/inflation views. Overall short-term positive sentiment.