April 2024 sees NY Empire State Manufacturing Index inch up to -14.3 from previous -20.9, missing the mark at -9.0. Business activity remains in decline for fifth straight month, with drops in orders, shipments, and job market woes. Input costs rise slightly, while firms hold steady on selling prices. Despite dim outlook, hope for improvement in coming months.
This is month-over-month, right?
It looks like policies that drive away millions of productive residents don't help the economy,
reply
Yes, MoM. Seems like we need more kinetic conflict to grow this thing
reply
I'm not even sure how much that will help NY. They've really shot themselves in the feet.
reply
Yeah it's crazy. The Davosian playbook has been running by all these parasites at the same time.
reply