New York Manufacturing Down but Still Positive
New York, NY, April 15, 2013 -- The April Empire Manufacturing Survey posted a drop of about six points to 3.1 for the month, down from the March reading of 9.24.
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The report showed that the new orders index was also positive but lower after falling by six points to 2.2.
One-quarter of respondents reported that conditions had improved over the month, while 22% said that conditions had worsened.