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Empire State Manufacturing Survey
Business activity increased moderately in New York State in April, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index rose eleven points to 11.0. New orders and shipments increased significantly. Unfilled orders rose and delivery times lengthened. Supply availability worsened somewhat. Employment expanded and the average workweek increased. The pace of input price increases picked up sharply after slowing last month, while the pace of selling price increases was little changed. Firms remained optimistic that conditions would improve in the months ... (full story)