New York Area Manufacturing Rebounded in February
The February 2013 Empire State Manufacturing Survey indicates that conditions for New York manufacturers improved for the first time since the summer of last year.
Share
Business activity expanded for New York manufacturers, according to the February survey. The general business conditions index rose into positive territory for the first time since July 2012, climbing eighteen points to 10.0. 29 % of respondents reported that conditions had improved over the month, while 19%—a significantly lower percentage than in the January survey—reported that conditions had worsened. The new orders index also rose sharply, climbing twenty points to 13.3, its highest level since mid-2011. The shipments index advanced sixteen points to 13.1, and the unfilled orders index rose six points to -2.0. The delivery time index moved up four points to 2.0, suggesting that delivery times were slightly longer. The inventories index rose nine points to zero—a sign that inventory levels flattened after declining in recent months.
RELATED CONTENT
-
MSS Publishes Revised and New Industry Standards
The Manufacturers Standardization Society (MSS) of the Valve and Fittings Industry is excited to announce publication of the new Standard Practice SP-158-2021, Supplemental High-Pressure Gas Test Procedures for Valves.
-
The Biggest Valves: Sizes Growing in Step with Greater Demand
Valve manufacturers that have the expertise, skills, equipment and facilities to produce large valves are rare.
-
Editor's Product Picks
Neles introduces valve-sizing and selection software for all intelligent automated process valves.
 Unloading large gate valve.jpg;maxWidth=214)
