(CercleFinance.com) – The growth of manufacturing activity in the New York area accelerated markedly in March, shows the monthly survey of the regional branch of the Federal Reserve released Thursday.
Read Also
- Sirna bombs after the elimination of Bucca Jan 14, 2021
- Bullish Gold, Oil and Silver confusing zones. Trading opportunities in CP? May 31, 2021
- The United States has warned that the Iranian regime has threatened to attack Fort McNair in Washington, DC Mar 22, 2021
- Jersey: Building blast death toll rises to at least three Dec 11, 2022
- A French journalist was killed by a Russian shelling in Severodonetsk while evacuating the area May 30, 2022
- 9 months after the death of an inmate in Valparaíso prison: INDH initiates complaint for illegitimate coercion Nov 12, 2022
- UAE-based Zenith Global invests $1 million in India’s TaxBuddy.com Dec 22, 2020
The ‘Empire State’ index rose nine points to 26.3 last month, a new high since the start of the pandemic in the United States over a year ago.
Economists were forecasting an average figure of 18.8.
The new orders component rose sharply to 26.9 against 9.1 the previous month, while that linked to the number of employees reached 13.9 in March, against 9.4 in February.
The business conditions sub-index rose from 17.4 to 26.3.
As a reminder, any index greater than zero reflects an expansion of the activity.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
