The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, jumped 16.2 points in September to 11.5, the regional Fed bank said Monday. That’s the first positive reading since last November.
The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, jumped 16.2 points in September to 11.5, the regional Fed bank said Monday. That’s the first positive reading since last November.