NY Empire State Manufacturing Index shows resilience, beating forecast but slightly under previous in World Economy News 18/02/2026 The Empire State Manufacturing Index, a key indicator of general business conditions in New York state, has posted a figure of 7.10 in its latest reading. This figure, while slightly under the previous reading of 7.70, still managed to surpass the forecasted figure of 6.40, indicating a more favorable business environment than initially anticipated. The index, which is based on a survey of approximately 200 manufacturers in New York state, rates the relative level of general business conditions. A level above 0.0 indicates improving conditions, while a level below signals a worsening environment. Consequently, a reading of 7.10 demonstrates a positive trend in the state’s manufacturing sector, albeit with a slight moderation compared to the previous period. The forecast for the index had been set at 6.40, a figure the actual reading comfortably exceeded. This suggests that the manufacturing sector in New York is showing more resilience than expected, a positive sign for the broader U.S. economy. This higher than expected reading is generally seen as bullish for the U.S. dollar. However, the latest reading did mark a slight decline from the previous figure of 7.70. This slight dip indicates a modest slowing down in the pace of improvement in New York’s manufacturing sector. Despite this, the index remains firmly in positive territory, highlighting the overall strength and resilience of the sector. In conclusion, the latest reading from the Empire State Manufacturing Index paints a picture of a robust and resilient manufacturing sector in New York state. Despite a slight moderation from the previous reading, the index continues to signal improving conditions, outperforming forecasts and providing a positive outlook for the U.S. dollar. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Source: Investing.com 2026-02-18 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share