The Empire State Manufacturing ­Survey “improved significantly in October,” the ­Federal Reserve Bank of New York ­reported yesterday, as the general business ­conditions index increased to 34.57 from 18.88 in ­September.

Economists who were surveyed by ­Thomson Reuters had expected an 18.00 reading.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.