This Week
  • Architect David Hanlon has worked with some of the area's leading developers.

  • For startup companies, legal and accounting missteps can prove costly.

  • Wilmorite hopes soon to win approval for $425M casino in Seneca County.

  • ID Signsystems Inc. has grown from a local company into an international business.

  • Robert Linton guides Jazz 90.1 through a new era in media.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

Survey: Business conditions index dips for N.Y. manufacturers

Rochester Business Journal
April 15, 2014

Conditions for New York manufacturers dipped slightly in April, the Federal Reserve Bank of New York’s Empire State Manufacturing Survey shows.

The general business conditions index slipped four points to 1.3. In March it was at 5.6. Twenty-six percent of respondents reported conditions had improved over the month, while 24 percent reported conditions had worsened. A reading above zero indicates expansion.

“Business activity was flat for New York manufacturers,” the report states.

The new orders index fell from 3.1 to below zero, at -2.8. This shows a slight decline in orders over the month, officials said. The unfilled orders index remained negative at -13.3, and the inventories index dropped 10 points from March to -3.1.

The prices paid index was little changed, and at 22.5, pointed to continued moderate input price increases, the report shows.

The prices received index climbed eight points from 2.4 to 10.2, which represents a pickup in the pace of selling price increases.

Employment indexes suggested modest improvement in labor market conditions. The index for number of employees inched up to 8.2, indicating a small increase in employment levels. 

Indexes for the six-month outlook pointed to a fair level of optimism about future business activity. The future general business conditions index advanced five points to 38.2.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google