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New York Manufacturing Index Returns To Positive Territory In November
(RTTNews) - New York manufacturing activity has seen a notable rebound in the month of November, the Federal Reserve Bank of New York revealed in a report released on Tuesday.
The New York Fed said its general business conditions index surged to a positive 4.5 in November from a negative 9.1 in October, with a positive reading indicating growth in regional manufacturing activity. Economists had expected the index to jump to a positive 5.0.
Meanwhile, the report said firms expect business conditions to worsen over the next six months, with the index for future business conditions falling to a negative 6.1 in November from a negative 1.8 in October.
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U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December
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U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected
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8ч 40мин назад
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A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November.
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U.S. Durable Goods Orders Plunge More Than Expected In October
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9ч 48мин назад
U.S. Consumer Sentiment Rebounds Less Than Previously Estimated In December
Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.
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