01162018Tue
Last updateMon, 15 Jan 2018 5pm

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Manufacturing & The Economy

Empire State Manufacturing Survey Dropped in June

Business activity grew modestly in New York State, according to firms responding to the July 2017 Empire State Manufacturing Survey. Manufacturing firms in New York State reported that business activity continued to expand in July. After reaching its highest level in more than two years last month, the general business conditions index retreated ten points to 9.8, indicating that activity grew at a slower rate than in June. Overall 30% of respondents reported that conditions had improved over the month, while 20% reported that conditions had worsened. 

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