NY Fed: Manufacturing "Business activity grew to a small degree in New York State"

From the NY Fed: Empire State Manufacturing Survey Business activity grew to a small degree in New York State, according to firms responding to the January 2020 Empire State Manufacturing Survey. The headline general business conditions index was little changed at 4.8 . ... The index for number of employees held steady at 9.0 , indicating that employment expanded for the fifth consecutive month. The average workweek index came in at 1.3, a sign that the average workweek was essentially unchanged … Indexes assessing the six-month outlook suggested that optimism about future conditions remained ......(read more)

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