Home / Market Update / NY Empire State Manufacturing Index slumps to 18.3 in August

NY Empire State Manufacturing Index slumps to 18.3 in August

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey fell sharply to 18.3 in August from 43 in July. This reading missed the market expectation of 29 by a wide margin.

Check Also

Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation

Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady …