Empire State Manufacturing Activity Contracts Further in January

Published January 15, 2013

| FOXBusiness

The New York Federal Reserve's regional manufacturing gauge fell to -7.78 in January from a revised -7.3 in December. 

The index was expected to rise to zero. 

Readings above zero point to expansion, while those below indicate contraction.

URL

http://www.foxbusiness.com/economy/2013/01/15/empire-state-manufacturing-activity-contracts-further-in-january/