Economy
November 21, 2019
Manufacturing Sluggish in New York, Philadelphia
Written by Sandy Williams
Manufacturing activity in New York State changed very little from October to November. The general business conditions component of the Empire State Manufacturing Index posted a 2.9 for November, indicating sluggish manufacturing growth for the sixth consecutive month.
The shipments index fell four points to 8.8 and new orders increased slightly to 5.5, still above the 0.0 level indicating growth. Unfilled orders continued to decline. Inventories were moderately lower and shorter delivery times were reported.
