Two regional Fed factory gauges rebound in February

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Story developing. Stay tuned for updates here.

The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, rebounded 41 points in February, but stayed below the breakeven rate at negative 2.4, the regional Fed bank said Thursday.

The gain was larger than expected. Economists had…

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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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