Coronavirus/Covid-19 Information & Updates for Manufacturers

NYS Manufacturing Flat

The NY Federal Reserve’s November Empire State Manufacturing Survey indicated NYS manufacturing activity was little changed from the previous month.  The general business conditions index was 6.3, down -4.2 points (a reading above 0.0 indicates expansion).  But manufacturers in NY remained optimistic about the near-term future, pushing the six-month future business conditions index to 33.9, up 1.1 points from last month.  This may be note-worthy since the survey, conducted from November 2-9, spanned the national election and the ensuing uncertainty.  See the full report here.