WASHINGTON (AP) — Factory activity in New York increased slightly in May, as manufacturers are beginning to adapt to the challenges caused by a stronger dollar, lower oil prices and restrained consumer spending. The rising dollar has overlapped with a severe decline in oil prices, causing energy firms to cut back on their factory orders for equipment and pipes.
Comment on Manufacturing in New York state up slightly in May
By JOSH BOAK, AP Economics Writer, Seattle Post-Intelligencer: Business
Fri, 05/15/2015 - 6:16am
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