Economy
May 14, 2018
Empire State Manufacturing Improves in May
Written by Sandy Williams
Manufacturing activity in New York State was strong in May, according to the latest Empire State Manufacturing Survey.
The Federal Reserve Bank of New York reported the general business conditions index rose four points to 20.1 for a faster pace of growth than April. Forty percent of survey respondents said business conditions had improved during the month, compared to 20 percent who said conditions had worsened.
