New York Manufacturing Index Unexpectedly Slides Further Into Negative Territory
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, 06-16-2025 at 07:23 PM (66 Views)
According to a report released by the Federal Reserve Bank of New York on Monday, New York manufacturing activity fell for a fourth consecutive month in June. The New York Fed said its general business conditions index slid to a negative 16.0 in June from a negative 9.2 in May, with a negative reading indicating contraction. Economists had expected the index to climb to a negative 5.5.
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