Institution evaluates the US January New York Fed Manufacturing Index: Shocking
Institution evaluates the US January New York Fed Manufacturing Index: The data is shocking, dropping from -14.5 to -43.7, with an expected climb to -5.0. This month's index is the lowest level since May 2020 when businesses were still dealing with the initial impact of the COVID-19 pandemic. The second worst level was in January last year at -32.9.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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