New York Manufacturing Activity Sees Significant Drop in March

Reported 1 day 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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