Market Data

November 17, 2025
New York state manufacturing activity surges in November
Written by Kristen DiLandro
Manufacturing activity in New York state was slightly elevated in early November, according to the Empire State Manufacturing Survey from the Federal Reserve Bank of New York. In the survey conducted Nov. 3-10, the responding firms forecast improvements in business conditions but reported feeling less optimistic than last month.
“Manufacturing activity grew at a solid pace in New York State, with the survey’s headline index reaching its highest level since last November,” said New York Fed Economic Research Advisor Richard Deitz. He added, “Both employment levels and hours worked rose modestly. While firms expect conditions to improve, optimism for the future dipped.”

