Empire State manufacturing index increased less than expected

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AFP

The New York Federal Reserve reported on Monday that its manufacturing conditions index increased less than expected. Empire State manufacturing index advanced to minus 6.2 this month, compared to a a reading of minus 10.4 last month. Economists, however expected that manufacturing conditions would improve more, with an expected reading of the index equal to minus 4.5.

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