Economy
June 15, 2021
Empire State Index Shows Softening in June
Written by Sandy Williams
Manufacturing growth in New York State slowed a bit in June, according to the data collected in the Empire State Manufacturing Survey. The general business index fell seven points to 17.4. Indices for new orders and shipments fell by double digits from May, sliding 12.6 points and 16.5 points, respectively. Unfilled orders were slightly higher. Delivery times continued to lengthen, reaching another record high in May, jumping six points to 29.8. The inventories index dipped 9.7 points.
Prices paid and received remained elevated but showed some signs of softening in June, both falling by about 4 points.
