The New York Empire State Manufacturing Index for the United States fell markedly in September 2026, signaling a significant loss of momentum in regional factory activity. The index declined to 7.60 in September from 20.60 in August 2026, according to data updated on 15 September 2026.
While a reading above zero still indicates expansion in manufacturing conditions, the sharp drop suggests a notable slowdown in growth compared with the previous month. The August reading of 20.60 had pointed to robust activity, making the September pullback a clear sign that manufacturers are facing a more challenging operating environment as the third quarter progresses.
