The New York Fed reports that the general business conditions metric of its empire state manufacturing index rose to -6.16 in October, better than the -10.41 reading in September. This is due to 24.61% of respondents reporting that conditions had improved over the month, and 30.77% reporting that conditions had worsened.

Despite increasing over 4 points from last month, the index remains in contraction.

Tags: Empire State Manufacturing Survey, Manufacturing, New York, New York Federal Reserve Bank