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Manufacturing Declines in December, But Outlook Improves

12/16/2025

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Summary

Story summary

The Federal Reserve Bank of New York's Empire State Manufacturing Survey shows December factory activity declined, with the general business conditions index at -3.9.
Economists anticipated a reading of 10.
The six-month outlook rose 16.6 points on stronger expectations for orders and shipments.
The prices-paid index reached its lowest level since January, indicating inflationary pressures eased.
Factory employment rose slightly, according to survey responses collected from December 2 to 9.

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Story summary

The Federal Reserve Bank of New York's Empire State Manufacturing Survey shows December factory activity declined, with the general business conditions index at -3.9.
Economists anticipated a reading of 10.
The six-month outlook rose 16.6 points on stronger expectations for orders and shipments.
The prices-paid index reached its lowest level since January, indicating inflationary pressures eased.
Factory employment rose slightly, according to survey responses collected from December 2 to 9.