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Manufacturing activity in New York state held steady in July after an uptick last month, data from the Federal Reserve Bank of New York showed Monday. The New York Fed said its general business conditions index fell to 1.1 in July after surging to 6.6 in June, although a positive reading still indicates growth. Economists had expected the index to drop to zero. The index for future business conditions fell to 14.3 in July from...
![Optimism was muted after New York manufacturing data: What's going on?](https://ussnsimg.moomoo.com/77777000/editor_image/34db4cd3d8ee37279f2deb3819c766b1.gif/thumb)
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