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Tuesday, December 24, 2024
HomeNewsEconomyNew York Manufacturing Activity Misses Mark, But Rises From Month Prior

New York Manufacturing Activity Misses Mark, But Rises From Month Prior

empire state manufacturing index

Readings from the Empire State manufacturing index reported by the New York Fed monthly.

The closely-watched New York manufacturing activity gauge rose to 10.16 in November, slightly below an expectations of 11, but up from an October reading of 6.17.

In the New York Federal Reserve’s Empire State index, readings above 0 point to expansions, while those below indicate contraction.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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