US Empire State Manufacturing fell to 1.1, waning optimism and moderating price increases

<p>US Empire State Manufacturing Survey showed a decline in the headline general business conditions index, falling from 6.6 to a modest 1.1 in July, slightly above expectation of 0.0. While 29% of respondents reported improved conditions over the month, 27% reported a deterioration. Price increases showed a moderating trend. Prices paid index fell -5 pts […]</p>
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