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    January 16, 2025

    New York state manufacturing fell in January

    Written by Stephanie Ritenbaugh

    After holding steady last month, business activity in New York state’s manufacturing sector declined in January, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York.

    The general business conditions index fell 15 points to -12.6. This is a diffusion index, where a positive reading signifies expansion, zero indicates no change, and a negative reading signifies contraction.

    Stephanie Ritenbaugh

    Stephanie Ritenbaugh is a reporter for Steel Market Update. She is an experienced business journalist, holding a variety of positions for trade publications and newspapers, including covering shale development for Gas Business Briefing/Platts and for the Pittsburgh Post-Gazette. She can be reached at stephanie.ritenbaugh@crugroup.com or +1 724-759-7868

    Read more from Stephanie Ritenbaugh

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