New York commercial confidence index records 11-month new low

NAPM said the commercial confidence index in the area decreased from 274.8 in June to 270.1, recording a 11-month new low, which was mainly because the service was obviously slowing down. On the other hand, the manufacturing index in the area rose for the first time in the half year from 47.1 in June to 54. 4 in July, indicating the weak situation of the local manufacturing industry

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