NY Fed: Manufacturing Activity "grew at a robust pace" in October

From the NY Fed: Empire State Manufacturing Survey Business activity grew at a robust pace in New York State , according to firms responding to the October 2017 Empire State Manufacturing Survey. The headline general business conditions index climbed six points to 30.2, its highest level in three years . The new orders index came in at 18.0 and the shipments index rose eleven points to 27.5-readings that pointed to ongoing solid gains in orders and shipments. ... ... The index for number of employees rose five points to 15.6, suggesting that employment expanded more strongly this month, while ......(read more)

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