New York Factories Posted Their Best Reading Since December 2021, 25.5. Delivery Times Are Lengthening, Supply Is the Scarcest Since 2022, and Hiring Is Only Modest.
The Federal Reserve Bank of New York said on Thursday 15 October that its Empire State Manufacturing Survey general business conditions index rose 18 points to 25.5 in October, the highest since December 2021. New orders rose 21 points to 23.2, while the employment index held at 10.3, pointing to modest hiring, and supply availability fell to its lowest since June 2022.

















