Manufacturing in New York Area Rises in June

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Andrew Harrer/Bloomberg News

Manufacturing activity in the New York region increased in June, the Federal Reserve Bank of New York said June 16.

The 鈥淓mpire State Index,鈥 generally the first economic indicator in a given month, rose to a 19.28 reading from 19.01 in May, the regional Fed said.



Economists had called for a reading of 15 in June, Bloomberg News reported. Readings greater than zero show expansion.

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