By Jill Mislinski
This morning, we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 17.80 was an increase of 7.7 from the previous month's 10.10. The Investing.com forecast was for a reading of 8.20.
The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level above 0.0 indicates improving conditions, below indicates worsening conditions. The reading is compiled from a survey of about 200 manufacturers in New York state.
Here is the opening paragraph from the report.
Business activity