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

Weekly market recap: China dictates market directions

US dollar managed to grasp confidence of investors gradually after positive developments of a potential …