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: Calculated Risk

NY Fed: Empire State Manufacturing Index shows "conditions improved" in January

By Anonymous

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From the NY Fed: Empire State Manufacturing Survey
he Empire State Manufacturing Survey indicates that conditions for New York manufacturers improved in January. The general business conditions index rose 2 points to 11.9. The new orders index moved up 10 points to 12.4, and the shipments index surged 18 points to 25.4. After a sharp decline last month, the inventories index rose above zero. Employment indexes also climbed into positive territory.
This was below expectations for an increase to 14.0.

Full post as published by Calculated Risk on January 18, 2011 (boomark / email).

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