(Finance) – Improve and reports N positive, in February 2025, the Empire State manufacturing index of New York. The indicator brought to +5.70 points from -12.60 points in January. The data is also better than the analysts’ estimates, which were for an improvement up to -1.9 points.
The index measures the conditions of the manufacturing sector in the New York district. It should be remembered that a level of the higher/lower data 0 indicates that most of the companies report improvements/worsening of the conditions.
Among the various components of the index, the one on the new orders has climbed twenty points to +11.4, while the one on the deliveries of sixteen points to +14.2 points. The one on the stocks is still positive at +8.7 points.