Economy
January 15, 2016
Empire State Manufacturing Survey Plunges in January
Written by Sandy Williams
New York manufacturers experienced their worse business conditions since the 2007-2009 recession, according to the January Empire State Manufacturing Survey. All indexes for current conditions were in negative numbers except those for pricing.
The survey for general business conditions index fell 13 points to -19.4. Indexes for new orders and shipments plummeted by double digits to -23.5 and -14.4, respectively.
