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Empire State Manufacturing Survey
Business activity was little changed in New York State, according to firms responding to the September 2019 Empire State Manufacturing Survey. The headline general business conditions index edged down three points to 2.0. New orders were marginally higher than last month, and shipments grew modestly. Delivery times were steady, and inventories increased. Employment levels expanded, while the average workweek held steady. Both input prices and selling prices increased at a faster pace than last month. Indexes assessing the six-month outlook indicated that optimism about future conditions deteriorated noticeably, and ... (full story)