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Empire State Manufacturing Survey
The November 2012 Empire State Manufacturing Survey indicates that conditions for New York manufacturers declined at a modest pace. The general business conditions index was negative for a fourth consecutive month, but was little changed at -5.2. The new orders index rose above zero for the fi rst time since June, although it was only slightly positive at 3.1. The shipments index shot up twentyone points to 14.6, its highest level since May. The prices paid index fell three points to 14.6, indicating a modest increase in input prices, and the prices received index held steady at 5.6. Labor market conditions were ... (full story)
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