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United States: Empire State manufacturing Index worse than estimates at 15.8

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04/16/2018 | 02:31pm CEST

The consensus counted on 19.8

This indicator measures the prospects of industrial enterprises in the New York area. In addition, it gives an indication of the industrial climate of the country for months. Indeed, this is a statistic that highlights the health of the U.S. economy, due to its activity level and its growth momentum. A decline in this index would mean that the economy shrank, which may negatively impact the U.S. markets and the dollar at the same time.


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