Economy
January 15, 2015
Empire State Manufacturing Rebounds in January
Written by Sandy Williams
The Empire State Manufacturing Survey indicated expanding business activity in January. The headline general business conditions index climbed 11 points to 10.0 after falling below zero last month.
New orders had a modest increase rising six points to 6.1, as did shipments with a seven point rise to 9.6. The unfilled orders index remained negative at -8.4. New York manufacturers saw shorter delivery times and a decline in inventory levels.
