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Tag Archives: manufacturing output August 2016

Manufacturing in New York region weakens in August

manufacturing, factories, New York

WASHINGTON (AP) — Factory activity in New York slowed in early August for the second straight month, and manufacturers in the state cut jobs. The Federal Reserve Bank of New York said Monday that its Empire State manufacturing index dropped to a reading of minus 4.2, from 0.6 in July. Any reading above zero points to expansion. Even so, new ...

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