• New York Manufacturing index indicates continued improvement in March

Noticias del mercado

15 marzo 2013

New York Manufacturing index indicates continued improvement in March

While the Federal Reserve Bank of New York released a report on Friday showing that conditions for New York manufacturers continued to improve in March, the pace of improvement unexpectedly showed a modest slowdown compared to the previous month.

The New York Fed said its general business conditions index edged down to 9.2 in March from 10.0 in February, with a positive reading indicating an increase in regional manufacturing activity. Economists had expected the index to come in unchanged.

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