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

Silver Price Outlook: XAG/USD Surges to 14-Year High, Targets $40.00 Breakthrough

Silver hits its highest level since September 2011. Markets see an 87% likelihood of a …