Economy
December 16, 2017
Empire State Survey Shows Continued Growth in December
Written by Sandy Williams
Business activity in New York State continued to expand in December. The Empire State General Business Conditions Index registered a healthy 18.0, down slightly from 19.4 in November.
The new orders index posted 19.5 and shipments rose four points to a reading of 22.4, indicating solid growth. Unfilled orders declined and delivery times lengthened during the survey period. A reading of 1.4 for the inventory index indicated inventories were steady.
