Forex and other markets news
17.04.2023, 23:36
New York Fed Manufacturing Index
New York Fed Manufacturing Index
The Federal Reserve Bank of New York released the Empire State Manufacturing Index higher than expected today.
The New York Fed said its manufacturing index rose to +10.8 in April, beating analysts' expectations of -18.0.
The manufacturing index was boosted by an increase in new orders. Although employment has declined While the business sector has increased confidence in the next 6 months
The index is above 0, indicating the expansion of the manufacturing sector in New York.
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