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8/15/2014 8:35:00 AM Write a Letter to the Editor Write a letter to the Editor

Manufacturing Activity in New York Region Expands at Slower Pace

Scott Eells/Bloomberg News

Manufacturing activity in the New York region expanded at a slower pace in August, the Federal Reserve Bank of New York said Aug.15.

The “Empire State Index,” generally the first economic indicator in a given month, fell to a 14.7 reading from a four-year high of 25.6 in July, the regional Fed said.

Economists had called for a reading of 20 in August, Bloomberg News reported. Readings greater than zero show expansion.

Manufacturing is one of trucking’s largest and most important customers.

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