empty
 
 

2019.08.1508:44:00UTC+00New York Manufacturing Index Indicates Slightly Faster Growth In August

A report released by the Federal Reserve Bank of New York on Thursday unexpectedly showed a slight acceleration in the pace of growth in regional manufacturing activity in the month of August.

The New York Fed said its general business conditions index inched up to 4.8 in August after climbing to 4.3 in July, with a positive reading indicating growth in regional manufacturing activity. Economists had expected the index to dip to 3.0.

Meanwhile, the New York Fed said the indexes assessing the six-month outlook suggested that firms were somewhat less optimistic about future conditions than they were last month.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback