October ISM-NY Index Rises to 64.7 From 58.3

New York City business activity improved at the fastest pace in four months in October, the Institute for Supply Management-New York’s Report on Business current business conditions index indicated.

The current business conditions index climbed to 64.7 from 58.3 in September. Readings above 50.0 indicate expansion.

The report’s six-month outlook index increased to 69.8 from 64.8.

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