NY Fed: Manufacturing Activity "leveled off" in May

From the NY Fed: Empire State Manufacturing Survey Business activity leveled off in New York State, according to firms responding to the May 2017 Empire State Manufacturing Survey. The headline general business conditions index fell six points to -1.0 . The new orders index dropped to -4.4, suggesting a small decline in orders, and the shipments index edged down to 10.6, indicating that shipments increased at a slightly slower pace than in April. ... ... Employment indexes remained positive, pointing to continued improvement in labor market conditions. The index for number of employees edged......(read more)

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