Why the N.Y. Fed's Empire State Survey Still Matters

The New York Fed watches the state's manufacturing closely
An employee prepares records for shipping at Brooklynphono vinyl, a record production facility in New York Photograph by Scott Eells/Bloomberg

The latest Empire State manufacturing survey, released Aug. 15, showed definite softness in manufacturing in New York state, perhaps foreshadowing a slowdown in manufacturing growth for the country as a whole.

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