The U.S. manufacturing industry improved

In February, optimism increase significantly in the American manufacturing sector – appears in the survey of Fed.

The value of the Empire State index, increased to 24.91 points, from 15.92 points, that caused a  slightly positive surprise in the market, since the majority of forecasts were around 18.0 points.
Although the respondents considered the sales outlooks much worse than one month earlier (the indice of the new orders decreased to 8.78 points from 20.48 points), the overall appearance improved, compared to January – reports portfolio.hu.