New York City business activity expanded but at a slower rate in April as the current business conditions index fell from a 13-month high to 61.2 in April from 67.4 in March, according to the Institute for Supply Management-New York’s Report on Business index released Wednesday, .

The report’s six-month outlook index receded to 63.1 from 79.5. The NY-BCI climbed to 557.4 from 551.8.

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