New York, Business condition index sudden drop
Submitted by Robert Oak on Mon, 06/16/2008 - 10:29
NY Manufacturing contracts:
The New York Fed's "Empire State" general business conditions index fell to minus 8.68 from minus 3.23 in May.
Economists polled by Reuters had expected a reading of minus 2.00. Their forecasts ranged from minus 12.0 to plus 7.0
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