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Empire manufacturing surges

Bob Bryan

Dec 15, 2016, 19:06 IST

John Moore/Getty Images

The New York Federal Reserve's Empire State manufacturing index jumped to 9.0 for the month of December, higher than the 4.0 expected from economists.

The measure of manufacturing in the New York state area jumped from its previous reading of 1.5.

NOW WATCH: Watch Yellen explain why the Federal Reserve decides to raise rates

Next Story Here comes CPI...

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