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Post by bot on Jan 15, 2015 18:22:03 GMT -5
Empire State manufacturing gauge swings back to positive ground
WASHINGTON (MarketWatch) -- The Empire State manufacturing index bounced back into positive territory in January, rising to 10 from negative 1.2 in December. That topped the MarketWatch-compiled economist forecast for a reading of 5. The survey of manufacturers by the New York Fed also showed upward moves in new orders and shipments. Any reading above zero indicates improving conditions.
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