Empire State index drops to a 3-month low

Note: This section contains information in English only.
Source: WBP Online
New York's Federal Reserve published its business conditions index of New York state for May and it plunged to negative 9 points from positive 9.56 points in April. This was an unexpected turn of events, as analysts predicted it to be 6.5 points. Not only May's results erased increases of March and April, but also it is the biggest fall since October 2014.
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