NY state manufacturing activity declines
Manufacturing conditions in New York State for May fell into negative territory for the first time since January, according to the Empire State Manufacturing Survey, a report of state manufacturing activity compiled by the Federal Reserve Bank of New York.
The general business conditions index for May was negative 1.4, down from 3 in April. A reading below zero means that manufacturing activity contracted. The index came in below expectations, as economists polled by Marketwatch.com had expected the reading to remain in positive territory at 3 for this month.
The New York survey typically acts as an early indicator of national manufacturing conditions for the month.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
