Institution evaluates the US January New York Fed Manufacturing Index: Shocking

Institution evaluates the US January New York Fed Manufacturing Index: The data is shocking, dropping from -14.5 to -43.7, with an expected climb to -5.0. This month's index is the lowest level since May 2020 when businesses were still dealing with the initial impact of the COVID-19 pandemic. The second worst level was in January last year at -32.9.