The numbers: The New York Fed’s Empire State business-conditions index, a gauge of manufacturing activity in the state, rebounded 41 points in February, but stayed below the breakeven rate at negative 2.4, the regional Fed bank said Thursday. That’s the third straight month in negative territory. The index had fallen 53 points in the prior two months. The…
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The numbers: The New York Fed’s Empire State business-conditions index, a gauge of manufacturing activity in the state, rebounded 41 points in February, but stayed below the breakeven rate at negative 2.4, the regional Fed bank said Thursday. That’s the third straight month in negative territory. The index had fallen 53 points in the prior two months. The…
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