U.S. Empire State Manufacturing Index slips in March

NEW YORK, index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">march 15 (Xinhua) -- index.html" target="_blank">index.html" target="_blank">The Empire State manufacturing index.html" target="_blank">index, a key metric to gauge business activity growth in New York region, sank to its lowest level in almost two years, pointing to a furindex.html" target="_blank">index.html" target="_blank">Ther slowdown in U.S. manufacturing, index.html" target="_blank">index.html" target="_blank">The New York Federal Reserve said Friday.

index.html" target="_blank">index.html" target="_blank">The headline general business
conditions index.html" target="_blank">index fell five points to 3.7 in index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">index.html" target="_blank">march, according to index.html" target="_blank">index.html" target="_blank">The monthly survey.

Only 30 percent of index.html" target="_blank">index.html" target="_blank">The respondents reported that conditions had improved over index.html" target="_blank">index.html" target="_blank">The month, while 25 percent reported that conditions had worsened.

index.html" target="_blank">index.html" target="_blank">The new orders index.html" target="_blank">index fell 5 points to 2.0, indicating that orders grew at a slower pace than last month. index.html" target="_blank">index.html" target="_blank">The shipments index.html" target="_blank">index declined 3 points to 7.7, a level indicating that shipments grew modestly, though representing index.html" target="_blank">index.html" target="_blank">The lowest reading in more than two years.

Untilled orders inched higher, and delivery times and inventories were little changed.

Optimism about index.html" target="_blank">index.html" target="_blank">The six-month outlook was slightly lower than that of February. index.html" target="_blank">index.html" target="_blank">The index.html" target="_blank">index for future business conditions edged down 3 points to 29.6. index.html" target="_blank">index.html" target="_blank">The index.html" target="_blank">index for future new orders and shipments were also somewhat below last month's levels.