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New York Manufacturing Activity Contracts Faster Than Expected In October

Por: RTTNews Business October 17, 2022

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A report released by the Federal Reserve Bank of New York on Monday showed regional manufacturing activity has contracted by more than expected in the month of October.The New York Fed said its general conditions index slid to a negative 9.1 in October from a negative 1.5 in September, with a negative reading indicating a contraction in regional manufacturing activity. Economists had expected the index to dip to a negative 4.0.The bigger than... + full article



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