Last updateTue, 02 Jun 2020 7pm

Manufacturing & The Economy

Empire State Manufacturing Index Points to Strong Activity

Manufacturing firms in New York State reported that business activity continued to expand in October. The general business conditions index moved up two points to 21.1, suggesting that the pace of growth picked up slightly this month. Roughly 36% of respondents reported that conditions had improved over the month, while only 15% reported that conditions had worsened. Looking ahead, firms generally remained optimistic about the six-month outlook. 

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