There was less impact on the Empire Manufacturing Survey, but the industrial production report on Friday showed a decline of 0.4%.

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The Empire Manufacturing Index, which is designed to indicate the state of the manufacturing sector in the New York region came in well below expectations.

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Next up, the Empire Manufacturing Index (designed to indicate the state of the manufacturing sector in the New York region) for April was reported at 21.7, which was above the consensus expectations for a reading of 15.98.

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