New York Manufacturing Index Decreases More Than Expected In March

New York manufacturing activity was little changed in March, according to the Federal Reserve Bank of New York's regional survey released Monday. The report signals minimal movement in regional manufacturing conditions and is unlikely to materially affect national growth estimates or Fed policy decisions.

Analysis

New York manufacturing activity was little changed in March, according to the Federal Reserve Bank of New York's regional survey released Monday. The report signals minimal movement in regional manufacturing conditions and is unlikely to materially affect national growth estimates or Fed policy decisions.