Empire State Manufacturing Index Decline To -8.11

The New York Fed reports that the general business conditions metric of its empire state manufacturing index declined to -8.11 in December. This is the third consecutive month of decline, following a -5.22 reading in November and a -6.16 reading in October.

15.06% of businesses reported improving conditions in November, while 23.17% of businesses reported that conditions had worsened.

Empire State Manufacturing Index 650x433 Empire State Manufacturing Index Decline To  8.11

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