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Economists Survey Raises 2021 CPI Forecast To 4.9%

Release for:         March 2018
Source: Federal Reserve Bank of New York
Diffusion indexes, adjusted
                                 Current                6-month
                          Mar-18 Feb-18 Jan-18   Mar-18 Feb-18  Jan-18
General Conditions           22.5   13.1   17.7     44.1   50.5    48.6
New Orders                   16.8   13.5   11.9     43.0   47.2    47.6
Shipments                    27.0   12.5   14.4     43.3   46.7    46.3
Unfilled Orders              12.7    4.9    4.3      7.0   16.7    18.1
Delivery Time                16.2   11.1    3.6      5.6   15.3    10.9
Inventories                   5.6    4.9   13.8     12.0    9.0    20.3
Prices Paid                  50.3   48.6   36.2     55.9   52.1    52.9
Prices Received              22.4   21.5   21.7     28.0   25.7    31.2
Number of Employees           9.4   10.9    3.8     23.3   19.5    26.9
Avg Workweek                  5.9    4.6    0.8     14.7   20.8    16.7
Capital Expenditures         ---    ---    ---      29.4   31.9    34.8
Technology Spending          ---    ---    ---      18.9   23.6    27.5
     ** MNI Washington Bureau: 202-371-2121 **
[TOPICS: MAUDA$]