US: NY Fed Empire State Manufacturing Index improves to -5.8 in February vs. -18 expected – by eren_fxstreet Manufacturing UnitedStates Macroeconomics EconomicIndicator
US Dollar Index clings to strong daily gains slightly below 104.00.of New York's Empire State Manufacturing survey recovered to -5.8 in February from -32.9 in January. This reading came in better than the market expectation of -18.
Regarding inflation-related developments, "both input and selling price increases picked up. Looking ahead, firms expect business conditions to improve somewhat over the next six months," the NY Fed said.preserves its bullish momentum after this data and was last seen rising 0.6% on the day at 103.85.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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