Empire State manufacturing index sees record decline to -21.5 in March | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Empire State manufacturing index sees record decline to -21.5 in March

The numbers:The New York Fed’s Empire State business conditions index plunged a record 34.4 points to -21.5 in March, the regional Fed bank said Monday. Economists had expected a reading of 4.8, according to a survey by Econoday. This is the lowest level since the financial crisis in 2009.

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