Monday, July 17, 2017

New York manufacturing activity slows sharply in July

July 17, 2017 at 07:45AM

WASHINGTON (AP) — Manufacturing in New York state grew for a second month in July but at a much slower pace, as new orders and shipments both slipped.

The Federal Reserve Bank of New York says its Empire State manufacturing index dropped to 9.8 from 19.8 in June.

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