Economy
October 16, 2013
Business Steady in NY with Optimism for Future
Written by Sandy Williams
Business conditions held steady for New York manufacturers according to the October Empire State Manufacturing Index. The general business index fell 5 points to 1.5 but remained in growth status. The new orders index rose 5 points while shipping fell 3 points, suggesting modest increases for both indexes for the month.
The prices paid index remained at 21.7 for the month and the prices received index dropped 6 points to 2.4. Labor conditions in New York were relatively steady for October.
