Economy
May 15, 2015
Empire State Manufacturing Shows Only Slight Improvement in May
Written by Sandy Williams
Business conditions improved for New York manufacturers in May but optimism faltered for future conditions.
The May 2015 Empire State Manufacturing Survey general business index climbed four points to 3.1, indicating a slight improvement for the month but below forecasts by economists. The new orders index was in positive territory for the first time since February, rising ten points to 3.9. The shipments index was relatively unchanged at 14.9.
