Monday, September 16, 2019

NY Fed: Manufacturing "Business activity was little changed in New York State"

From the NY Fed: Empire State Manufacturing Survey Business activity was little changed in New York State, according to firms responding to the September 2019 Empire State Manufacturing Survey. The headline general business conditions index edged down three points to 2.0. New orders were marginally higher than last month, and shipments grew modestly. Delivery times were steady, and inventories increased. Employment levels expanded, while the average workweek held steady. ... After spending three months in negative territory, the index for number of employees rose to 9.7 , pointing to an......(read more)
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