Manufacturing Index - Empire State Survey July 2020
The monthly survey of manufacturers in New York State conducted by the Federal Reserve Bank of New York. Supplemental Survey Report ongoing recalls despite pandemic adjustment costs will be released Business activity increased in New York State for the first time in several months, according to firms responding to the July 2020 Empire State Manufacturing Survey . The headline general business conditions index rose to 17.2, its first positive reading since February. New orders and shipments also increased, and unfilled orders were steady. Delivery times were somewhat longer, and inventories declined. Employment levels and the average workweek were little changed. Input price increases were not much different than last month, while selling prices edged lower. Firms remained optimistic about the six-month outlook, though less so than in June. Here are best accounting practices for Manufacturing Business set by The International Accounting Standards Board and the Financ...