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.
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.