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New York Manufacturing Index Rebounds Less Than Expected In February

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

After reporting a slight decrease in regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing a modest increase in activity in the month of February.The New York Fed said its general business conditions index rose to a positive 3.1 in February from a negative 0.7 in January.While a positive reading indicates growth in regional...

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