Tuesday, 15 May 2007

RPT-N.Y. Fed manufacturing index rises in May

(Reuters) - The New York Fed's "Empire State" general business conditions index jumped to 8.03 from 3.80 in April. Economists polled by Reuters had expected a reading of 8.0.

The new orders component jumped to 8.02 from 3.94 in April, while the prices paid component fell to 34.44 from 40.48.


Read more at Reuters.com Economic News

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