Home / Breaking News / US: NY Empire State Manufacturing Index Drops to 6.3 in November

US: NY Empire State Manufacturing Index Drops to 6.3 in November

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey fell to 6.3 in November from 10.5 in October, the NY Fed’s report revealed on Monday. This reading missed analysts’ estimate of 13.5 by a wide margin.

Check Also

AUD Bounces Back as Greenback Falters Amid RBA Rate Cut and US Inflation Data

The Australian Dollar (AUD) staged a notable recovery against the US Dollar (USD) on Tuesday, …