Posted on 11/17/2003 6:10:54 AM PST by zencat
Overall business conditions for New York State manufacturers improved for a second month in November to hit a record high, the Federal Reserve said on Monday. The Federal Reserve Bank of New York said its Empire State Manufacturing Survey index of business conditions leaped to an all-time high of 41.01 in November from an upwardly revised 34.11 in October. The survey provides an early snapshot of factory activity during the month and has at times served as a leading indicator for other regional manufacturing measures.
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