Published February 17, 2015 8:45am EST | Updated May 21, 2015 1:29pm EDT

Empire State Manufacturing Gauge Dips Slightly In February

WASHINGTON – The Empire State manufacturing moved slightly lower but remained in positive territory in February, falling to 7.8 from 10.0 in January. That was below the MarketWatch-compiled economist forecast for a reading of 9. The survey of manufacturers by the New York Fed also showed a downward move in new orders but a rise in shipments. Any reading above zero indicates improving conditions.