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Manufacturing activity in the region weakened overall, according to the firms responding to the May Manufacturing Business Outlook Survey. The survey’s indicators for current general activity, new orders, and shipments all declined, with the latter two turning negative. The employment index suggests declines in employment overall. Both price indexes ...
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U.S. imports increased 0.9 percent in April, after advancing 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Higher fuel and nonfuel import prices contributed to the overall rise. Prices for U.S. exports increased 0.5 percent in April following a 0.1-percent advance the previous month. The price index for U.S. imports advanced 0.9 ...