September Empire State index falls unexpectedly

WASHINGTON (MarketWatch)
The Empire State manufacturing index fell unexpectedly to negative 10.4 in September, the weakest reading in almost two years, the New York Federal Reserve Bank said Monday Economists polled by MarketWatch expected the index to improve to 0.0 from negative 5.9 in August
The index has fallen sharply in the summer after reaching 17.1 in May
The key new orders sub-index fell to negative 14.0 in September from negative 5.5 in August Unfilled orders, another forward-looking component, fell to negative 14.9 in September from negative 10.6 in August