According to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of NY, statewide manufacturing activity grew modestly in June after a strong May showing. The index came in at 5.7, despite a drop of 13.9 points from last month (a reading above 0.0 is consistent with expansion). Worsening Supply Availability, longer Delivery Times and increasing Unfilled Orders point to stresses in fulfillment. Inflationary pressures remain as Prices Paid and Prices Received continued their robust growth in 2026. See the full report here.
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