STATE MANUFACTURING TEPID

NYS manufacturing showed minimal month-over-month growth according to the NY Federal Reserve’s December Empire State Manufacturing Survey released today.  The General Business Conditions Index edged down to 4.9 from 6.3 last month (a reading above 0.0 is consistent with expansion).  However, State manufacturers remained optimistic about their business outlook six months from now as the Future Conditions index climbed 2.4 points to 36.3.  See the full report here.

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