Federal Reserve Bank of New York (10/15/14)
New York manufacturers saw a modest increase in business activity, according to the October 2014 Empire State Manufacturing Survey. The headline general business conditions index fell 21 points to 6.2, signaling that the pace of growth slowed significantly from last month. The employment index rose 7 points to 10.2, pointing to an increase in employment levels, while the average workweek index fell to a level just below zero, suggesting that hours worked held steady.
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