Category: Empire State Manufacturing Survey

Nearly 70 Percent of Australian Employers Look to Hire More as Wages Increase

Australia’s hiring outlooks are improving as over two-thirds of employers intend to recruit more workers over the June 2023 quarter.  The Quarterly Australian Work Outlook Report, published by the Australian HR Institute (AHRI) on May 16, surveyed 60,600 HR and business leaders in Australia. The report showed that 69 percent of organisations are planning to…


New York Manufacturing Activity Plunges as Key Gauge Sees Second Biggest Monthly Drop in History

Manufacturing activity in the New York area suffered a setback in August, according to the New York Federal Reserve. The general business conditions index declined by 42 points, to minus 31.3 in August, data from the Fed’s Empire State Manufacturing Survey results for August show. This is the second biggest monthly decline in the index’s…


NY Manufacturing Activity Plunges as Key Gauge Sees 2nd Biggest Monthly Drop in History

Manufacturing activity in New York state tumbled in August, according to the New York Federal Reserve. The general business conditions index plunged by 42 points, to minus 31.3, data from the Fed’s Empire State Manufacturing Survey results for August show. That’s the second biggest monthly decline in the index’s history and also one of its…