By Amina Niasse (Reuters) - Manufacturing activity in New York State accelerated moderately in September, topping expectations for a continued slowdown ...
By Amina Niasse - Manufacturing activity in New York State accelerated moderately in September, topping expectations for a continued slowdown as new orders and shipments increased. The NewWatch on - Manufacturing activity in New York State accelerated moderately in September, topping expectations for a continued slowdown as new orders and shipments increased.
Economists polled by Reuters had expected another month of contracting activity with a median forecast of negative 10. The rise in New York manufacturers' optimism contrasts with a recent survey of small businesses released Tuesday by the National Federation of Independent Business, which showed a decline in business optimism associated with difficulties in hiring skilled workers and worries over inflation.
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