Economy
February 15, 2022
Empire State Manufacturing Index Holds Steady in February
Written by David Schollaert
Business activity in the state of New York was little changed in February following an abrupt decline the month prior, according to the Empire State Manufacturing Survey.
The headline general business conditions index is now at 3.1 (above the neutral mark of 0), moving up four points versus the -0.7-mark seen the month prior when the index fell by more than 33 points. New orders and shipments held steady, and unfilled orders increased, while delivery times continued to lengthen.
