New York Manufacturing Gauge climbs to 5-month high

Note: This section contains information in English only.
Source: RTT
© Scanpix/Reuters
New York general business condition gauge climbed from 7.80 in June to 9.50 in July, signaling an advance in manufacturing activity in the region. Economists were surprised by the data since the expected value was only 5.0. The gauge has reached the highest level since February when it was 10.0. Also future general business index rose from 25 to 32 in July.
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Mon, 15 Jul 2013 19:29:10 GMT

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