New York Manufacturing Improves Modestly
New York, NY, Feb. 18, 2014 -- The Empire State Manufacturing Survey indicates that business conditions improved marginally for New York manufacturers in February.
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The general business conditions index fell eight points, but remained positive at 4.5. However, analysts were looking for a reading of 7.5.
The new orders index fell to about zero, indicating that orders were flat, and the shipments index declined thirteen points to 2.1.