Despite slowing in June, manufacturing in the New York region continued to grow. The Empire Manufacturing Index came in at 5.7, down from 19.6 in May. Despite the slowdown, the index has been in growth territory for the third straight month and for the fifth time in the last six months.
The Dodge Momentum Index (DMI), a leading indicator for non-residential construction activity, increased 5.9% month-over-month in May to 275.7 (+33.8% year-over-year).
U.S. light vehicle assembly increased in April after a slight slowdown in March. Light vehicle assemblies came in at a 10.452 million unit rate, up 4.1% from March and up 2.8% from last April.
U.S. light vehicle assembly increased in April after a slight slowdown in March. Light vehicle assemblies came in at a 10.452 million unit rate, up 4.1% from March and up 2.8% from last April.
