Dec. NY BCI Gains to 9.53 From 0.61 in Nov.: Fed

The Empire State Manufacturing Survey general business conditions index improved to 9.53 in November from 0.61 in November.

Economists expected a 3.00 rating.

The new orders index grew to positive 5.10 from negative 2.07, the Federal Reserve said.

Looking six months into the future, the general business conditions index surged to 52.33 from 39.02 last month.

The capital expenditures expectations index dipped to 23.26. The technology spending index rose to 15.12.

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