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Monday Economic Report

Manufacturing in New York Surges in October

Manufacturing activity in New York state expanded at a faster pace in October, with the headline business conditions index surging 17.9 points to 25.5. The new orders index climbed 21.2 points to 23.2, while the shipments index turned positive, increasing 16.3 points to 13.1. The unfilled orders index rose 8.1 points to 14.0, while inventories…

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