STUDY SAYS MANUFACTURING CONDITIONS IMPROVING

The Federal Reserve Bank of New York’s Empire State Manufacturing Survey for July shows that conditions for manufactureres in the state continue to improve.
The general business conditions index remained positive for a second consecutive month, rising two points to 9.5.
The downside though, showed that a large majority of manufacturers, more than 85 percent, reported they expected their health insurance costs to increase as a result of the Affordable Care Act, or “Obamacare”; none anticipated a decrease.

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