US Empire State manufacturing rose to 17.2, but 6-month outlook dropped to 38.4

<p>US Empire State Manufacturing index rose to 17.2 in July, up from -0.2, above expectation of 7.85. It’s also the first positive reading since February. However, six-months ahead business conditions dropped -18.1 pts to 38.4, down from 56.5. The indexes for future new orders and future shipments fell somewhat, but remained near 40. The index […]</p>
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