New York manufacturing growth slows in September

Manufacturing activity in New York state continued to expand in September, but at a slower pace than in August, according to the Federal Reserve Bank of New York’s latest Empire State Manufacturing Survey.

After hitting the highest point since November 2024 in August, the headline general business conditions index fell 13 points to 7.6 in September. At the same time, the September index’s three-month moving average (3MMA) rose to the highest level since early 2022 (Figure 1).

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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