Search module is not installed.

New York's manufacturing contracts for the second time in three months

16.05.2022

New York Manufacturing Contracts for the Second Time in Three Months have been renewed in Three Months.

In May, the state manufacturing activity unexpectedly contracted for the second time in three months, resulting in plunges in orders and shipments.

None of Goldman s Blankfein Says the US is at 'Very, Very High Risk' of the Recession.

None Meet the Hedge-Fund Manager Who Warned of Terra's $60 billion Implosion.

The Global Stock Slump May Not Be Over, despite the fact that none of the $11 Trillion and counting may not be over.

None of Terra Hasn't Killed Cryptocurrencies, But It Was a Narrow Escape

The Federal Reserve Bank of New York's general business conditions index dropped over 36 points to minus 11.6, a report showed Monday. In a Bloomberg survey of economists, figures less than zero indicate contraction and the May print fell short of all estimates. The figures have been volatile in recent months, with the May figures following a growth surge in the previous month.

The New York Fed's data is the first of several regional Fed manufacturing numbers set to be released over the next few weeks. The figures may cause more concerns about a slowdown in economic activity.

The group's gauge of new orders dropped nearly 34 points in May to minus 8.8, and the shipments measure fell at the fastest pace since early in the epidemic, sinking about 50 points.

The prices paid index fell from a record high last month to a still-elevated 73.7. The gauge of prices was loosing, signalling continued price increases in input and selling prices in May. The group's employment index went up.

Expectations of general business conditions in the six months have improved slightly from the prior month, but the gauge remains well below the expectations of general business conditions at the end of 2021, despite the fact that expectations of general business conditions have improved slightly.

Nothing Happened when a Wall Street Investment Giant moved to Nashville?

No How Gillette Embraced the Beard to Win Over Scruffy Millennials

All Starbucks Baristas Are Unionizing, and Even Howard Schultz Can't Make Them Stop?