November Empire State index turns negative

WASHINGTON (MarketWatch)
The Empire State's general business conditions index turned negative in November for the first time since May, according to data released
The Empire State index fell to negative 2.2 from positive 1.5 in October
Economists polled by MarketWatch expected a positive 5.5 reading
The new-orders component fell to negative 5.5 from positive 7.8, and the shipments component fell to -0.5 from positive 13