New York Manufacturing Index Unexpectedly Rises In November - ConsultFX

New York Manufacturing Index Unexpectedly Rises In November

A report released by the Federal Reserve Bank of New York on Thursday showed the pace of growth in New York manufacturing activity unexpectedly accelerated in the month of November.

The New York Fed said its general business conditions index rose to 23.3 in November from 21.1 in October, with a positive reading indicating growth in regional manufacturing activity. Economists had expected the index to dip to 20.0.


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