11212017Tue
Last updateTue, 21 Nov 2017 4pm

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Manufacturing & The Economy

Empire State Index at Highest Level Since 2014

Business activity grew at a robust pace in New York State, according to firms responding to the October 2017 Empire State Manufacturing Survey. The headline general business conditions index climbed six points to 30.2, its highest level in three years. The new orders index came in at 18.0 and the shipments index rose eleven points to 27.5—readings that pointed to ongoing solid gains in orders and shipments. Indexes assessing the six-month outlook suggested that firms continued to be optimistic about future conditions. 

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