Manufacturing industry

Manufacturing growth in the central Atlantic region “was soft in January,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index climbed to negative 2 from negative 8.

Manufacturers report expansion at a faster pace in January, and Federal Reserve Bank of Philadelphia Report on Business respondents said price indexes continued trending lower.

Business activity “grew slightly in New York State,” the January Empire State Manufacturing Survey indicates.

The Federal Reserve Bank of Philadelphia released its annual revision to its Manufacturing Business Outlook Survey, based on new seasonal adjustment factors.

The overall economy grew for the 116th straight time, the Institute for Supply Management reported Thursday.

The New York economy slipped in December, with current conditions falling to its lowest level since June.

Manufacturing gauges across the world’s largest economies stumbled at the end of last year, starting 2019 with fresh challenges for global growth and central banks.

Manufacturing growth in the central Atlantic region “weakened in December,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index dropped to negative 8 from positive 14.

The Chicago Fed National Activity Index for November rose to 0.22 from a downwardly revised neutral level in October.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slower growth in December, while expectations grew.