The New York Fed's Empire State business conditions index fell steeply to negative 32.9 in January, its lowest reading the worst of the pandemic in 2020.
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, tumbled 21.7 points to negative 32.9 in January, the regional Fed bank said Tuesday.
Economists... The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, tumbled 21.7 points to negative 32.9 in January, the regional Fed bank said Tuesday.
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US: NY Fed Empire State Manufacturing Index slumps to -32.9 in January vs. -4.5 expectedUS: NY Fed Empire State Manufacturing Index slumps to -32.9 in January vs. -4.5 expected – by hareshmenghani Manufacturing EconomicIndicator UnitedStates DollarIndex Currencies
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