United States: Empire State manufacturing Index worse than estimates at 6.5
January 17, 2017 at 08:30 am
The consensus counted on 8.1
This indicator measures the prospects of industrial enterprises in the New York area. In addition, it gives an indication of the industrial climate of the country for months. Indeed, this is a statistic that highlights the health of the U.S. economy, due to its activity level and its growth momentum. A decline in this index would mean that the economy shrank, which may negatively impact the U.S. markets and the dollar at the same time.
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