☰

Telecomunicaciones y tecnología

NY Fed index shows manufacturing grew faster in February


    NEW YORK (Reuters) - A gauge of manufacturing in New York state rose in February as inventories jumped, the New York Federal Reserve said in a report on Tuesday.

    The New York Fed's "Empire State" general business conditions index rose to 24.91 in February from 15.92 in January.

    Economists polled by Reuters had expected a February figure of 17 to 18.

    The inventories index rose sharply, to 0.0, its highest reading in more than a year.

    (Reporting by John Parry and Wanfeng Zhou; Editing by Chizu Nomiyama)