Empire Manufacturing Survey Surges in July

New York, NY, July 15, 2013 -- The Empire State Manufacturing Survey hit 9.46 in July, a five month high.

Economists expected a reading of 5.0, from 7.84 in June.

The new orders index rose 10 points to 3.8, and the shipments index increased 21 points to 9.0.

Readings above zero indicate improving conditions.

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