Widget Image
Follow PPD Social Media
Friday, November 8, 2024
HomeNewsEconomyEmpire State Manufacturing Survey Rebounds Modestly After Two Disappointing Months

Empire State Manufacturing Survey Rebounds Modestly After Two Disappointing Months

Manufacturing Export Wooden Crate, reading Made in New York. 3D Illustration. (Photo: AdobeStock)
Manufacturing Export Wooden Crate, reading Made in New York. 3D Illustration. (Photo: AdobeStock)
Manufacturing Export Wooden Crate, reading Made in New York. 3D Illustration. (Photo: AdobeStock)

New York, N.Y. (PPD) — The Federal Reserve Bank of New York Empire State Manufacturing Survey rebounded modestly in February to 12.1, beating the consensus forecast. The headline general business conditions index climbed to the highest level in three months.

Prior to the election, the Empire State Manufacturing Survey was showing signs of greater-than-expected growth, tripling the forecast. It slowed immediately after the election.

Written by

People's Pundit Daily delivers reader-funded data journalism covering the latest news in politics, polls, elections, business, the economy and markets.

No comments

leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

People's Pundit Daily
You have %%pigeonMeterAvailable%% free %%pigeonCopyPage%% remaining this month. Get unlimited access and support reader-funded, independent data journalism.

Start a 14-day free trial now. Pay later!

Start Trial