NY Fed: Manufacturing "Business activity continued to grow strongly in New York State"

From the NY Fed: Empire State Manufacturing Survey Manufacturing firms in New York State reported that business activity expanded at a faster pace than in May. The general business conditions index rose five points to 25.0, its highest level in several months . … The index for number of employees climbed ten points to 19.0, its highest level thus far in 2018, pointing to a pickup in employment levels. emphasis added This was above the consensus forecast and a strong reading....(read more)

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