New York Manufacturing Activity Rises

New York, NY, Dec. 16, 2013 -- Manufacturing in the New York area edged up to 0.98 from -2.21 in November.

Economists were looking for a reading of 4.50.

The new orders remained negative at -3.5, while the shipments index rose to 7.7. The unfilled orders index fell to -24.1, and the inventories index fell 20 points to -21.7. Both indexes reached their lowest levels since 2009.