Fri, 16 May 2014 16:34:04 GMT
New York business condition index rises significantly in May
Manufacturing business conditions in the New York area advanced in May improving by much more than economists originally forecast as the region's activity index recorded its four-year peak on the month, the Federal Reserve Bank of New York showed in a report on Thursday. The Fed's general business condition gauge climbed from 1.3 points in April to 19.0 points in