January 2016 Us Empire State manufacturing 6.5 vs 8.5 exp

• Prior 9.0. Revised to 7.6
• Employment -1.7 vs -12.2 prior
• Prices paid 36.1 vs 22.6 prior
• New orders 3.1 vs 10.4 prior

The softer headline could point to Dec's good numbers in manufacturing being a one off. This isn't a big report in terms of market impact but it's the first of the new month and so is often used an early gauge for the sector.
Further inflationary signs are seen here with the prices paid index at the highest since Jan 2014.