08252019Sun
Last updateThu, 22 Aug 2019 5pm

Manufacturing & The Economy

New York Area Manufacturing Activity Rebounds, Hiring Weak

Business activity rebounded modestly in New York State, according to firms responding to the July 2019 Empire State Manufacturing Survey. The headline general business conditions index climbed out of negative territory, rising 13 points to 4.3. New orders were little changed, and shipments increased. Unfilled orders and inventories continued to move lower, while delivery times were longer. The employment index remained negative, falling to its lowest level in nearly three years.

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