“Current Business Conditions reached a five-month low, coming in at 67.8 in November,” the ISM NY reported in its latest New York City Report on Business.
Key takeaways from the press release
- The Six-Month Outlook stands alone as the single piece of optimistic news in November, rising to 73.4 from 70.9 in October and recovering some of the 10.6 point drop reported last month.
- Employment fell from October’s all-time high to 72.7 in November.
- Quantity of Purchases fell 11.2 points to 59.4 in November, continuing the decrease that started last month.
- Prices Paid rose to 71.9 in November, up from 67.6 in October.
Share
