NAPM-NY Index Off To 47.9 From 63.9 in Dec.

“Business activity declined in January after a strong showing in the prior three months,” as the New York Current Business Conditions Index in the National Association of Purchasing Management-New York’s Report on Business decreased in January to 47.9 from 63.9 in December, the NAPM-NY reported yesterday.

The December number was upwardly revised after being originally reported as 58.3.

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