Economy
April 21, 2022
Empire State Manufacturing Index Rebounds in April, Outlook Less Optimistic
Written by David Schollaert
Business activity in the state of New York expanded markedly in April, following the first decline in the headline index since the onset of the global pandemic nearly two years ago, according to the Empire State Manufacturing Survey.
The headline general business conditions index is now at 24.6 (above the neutral mark of 0), surging 36.4 points from March’s -11.8 15, the strongest expansion since June 2020.
