Empire State index retreats in November from three-year high

• November 15, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

The Empire State index fell 10.8 points to 19.4, moving back from a three-year higj but still pointing to a solid manufacturing environment in the New York area. Any reading above zero indicates improving conditions. The new-orders index rose to 20.4 and shipments fell to 18.4.