WASHINGTON (MarketWatch)
The Empire State manufacturing index contracted for
the fourth month in a row, the New York Federal Reserve Bank said Thursday
The
index rose to negative 5.2 in November from negative 6.2 in October
Economists
polled by MarketWatch expected the index to weaken to negative 6.7
Details were
mixed
The key new orders sub-index rose above zero for the first time since
June and shipments shot up to its highest level since May
However, employment
conditions weakened
Only 21% of manufacturers reported a loss of activity due
to Hurricane Sandy but all firms reported some reduction in activity
Welcome
Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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