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

Market Drivers — US Session: Upon US Dollar’s Retreat, What’s Next for Currencies and Commodities?

The US dollar’s recent retreat has stirred global markets, spotlighting tensions in currency pairs, gold …