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NYS Manufacturing Slips Further

The Federal Reserve Bank of NY’s Empire State Manufacturing Survey registered  -5.8 in February indicating the State’s manufacturing activity continued to decline after falling sharply last month (a reading above 0.0 is consistent with expansion).  However, the future outlook improved, climbing +6.7 points to 14.7, its highest level in almost a year.  See the full report here.

Insyte Consulting