Friday, February 22, 2013

New York Manufacturing Indicate Recovery

Manufaktur New York Indikasikan Pemulihan

Monexnews-manufacturing Activity in the New York region expands for first time in seven months, according to data released by the Federal Reserve Bank of New York on Friday. The restoration also adds momentum to the emergence of new hope in the US manufacturer sector.

The Empire State manufacturing index jumped to level 10 in February from minus 7 on the previous month. The results were much better than the expectations of minus 2 from economists. Empire State Data is becoming one of the eagerly anticipated investors because it can give you an idea about the health of the manufacturing sector's early success.

Thomas Simons, an economist at Jefferies co. & argues that the u.s. manufacturing sector appears to be recovering after experiencing a slowdown at the end of last year. "We estimate that if the sector will continue to grow faster in the next few months, although it must be admitted if some of the obstacles still remaining," added Simons. (vid)

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Title Post: New York Manufacturing Indicate Recovery
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Author: Mohammad Zulfi Satriawan

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