US Empire State Manufacturing general business conditions index fell sharply from -14.5 to -43.7 in January, hitting the lowest level since May 2020. Looking at some details, new orders fell from -11.3 to -49.4. Shipments fell from -6.4 to -31.3. Prices paid rose from 16.7 to 23.2. Prices received fell from 11.5 to 9.5. Richard […]
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