Historical Year Data · 2023
Empire State Manufacturing Index in 2023
Empire State Manufacturing Index opened 2023 at -20.90 and closed at -13.60, a +34.93% move for the year. The high of 6.10 was reached on June 1, and the low of -24.60 on May 1.
Open
-20.90
2023-01
Close
-13.60
12 data points
High
6.10
Jun 1
Low
-24.60
May 1
Full Year Change
+34.93%
2022 Change
-189.91%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | -20.90 | -20.90 | -20.90 | -20.90 | +0.00% |
| Feb | -9.80 | -9.80 | -9.80 | -9.80 | +0.00% |
| Mar | -10.30 | -10.30 | -10.30 | -10.30 | +0.00% |
| Apr | 5.60 | 5.60 | 5.60 | 5.60 | +0.00% |
| May | -24.60 | -24.60 | -24.60 | -24.60 | +0.00% |
| Jun | 6.10 | 6.10 | 6.10 | 6.10 | +0.00% |
| Jul | -8.60 | -8.60 | -8.60 | -8.60 | +0.00% |
| Aug | -15.40 | -15.40 | -15.40 | -15.40 | +0.00% |
| Sep | -5.30 | -5.30 | -5.30 | -5.30 | +0.00% |
| Oct | -6.50 | -6.50 | -6.50 | -6.50 | +0.00% |
| Nov | -6.50 | -6.50 | -6.50 | -6.50 | +0.00% |
| Dec | -13.60 | -13.60 | -13.60 | -13.60 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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