
NEW YORK, July 16 (UPI) -- Manufacturing expanded modestly in New York in July, with a business index sightly higher than break-even, the Federal Reserve Bank of New York said Monday.
The Empire State Manufacturing Survey indicates manufacturing activity is growing slowly in New York. The general business conditions index added 7 points to 7.4 with zero the break-even point between growth and contraction.
The new orders index fell, however, losing five points to minus 2.7, dropping into negative territory for the first time since November.
The shipments index gained five points to 10.3.
The two employment indexes were mixed. The index for the number of employees added six points to 18.5 while the index for hours worked lost three points to zero
|
|
|
|
|
|
| Additional Business News Stories | |
TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
|
TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption