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January ISM-NY Current Business Index Slips to 56.7

FEB 4, 2013 9:45am ET

New York City business activity expanded in January as the current business conditions index decreased to 56.7 from a revised 57.7 in December, the Institute for Supply Management-New York's Report on Business index, released Monday, indicated.

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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.

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