According to the Federal Reserve Bank of NY’s Empire State Manufacturing Survey for March, activity was little changed for the sector. The Index registered -0.2, a decrease of 7.3 points (a reading above 0.0 is consistent with growth). NY Manufacturers remained optimistic about the future and their capital expenditures index rose to 21.6 “a multi-year high, indicating that capital spending plans strengthened.” See the full report here.
/
Updates
