Monday, April 16, 2007

UPDATE 1-N.Y. Fed manufacturing index edges higher in April

(Reuters) - The New York Fed's "Empire State" general business conditions index for the factory sector edged up to 3.80 in April from 1.85 in March. Economists polled by Reuters had expected an April reading of 7.50.

The new orders component rose to 3.94 in April from 3.14 in March, while the prices paid component rose to 40.48 in April, its highest level in eight months, from 30.23.


Read more at Reuters.com Bonds News

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