New York Manufacturing Activity Sees Significant Drop in March

Reported about 24 hours ago

In March, New York State's factory activity saw its largest decline in nearly two years, according to a survey by the Federal Reserve Bank of New York. The Empire State manufacturing index fell nearly 26 points to negative 20.0, with a sharp drop in new orders and the fastest rise in input prices in over two years, reflecting growing concerns about an economic slowdown.

Source: YAHOO

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