STATE MANUFACTURING LUKEWARM

The NY Federal Reserve’s Empire State Manufacturing Survey signaled little change in NYS manufacturing activity from last month when it registered 3.5, a decrease of -1.4 points from December (a reading above 0.0 indicates growth).  Most constituent measures posted similar numbers, including New Orders and Shipments.  Only Prices Paid at 45.5, up +8.4, showed strong growth.  See the full report here.

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A GOOD START FOR U.S. MANUFACTURING IN 2021

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