Investor's Business Daily - The Empire State manufacturing index rose to 8.03 in May from 3.8 in April, in line with views. The report hasn't been around that long, monthly changes often are volatile, and New York isn't a top manufacturing center, but it is the first sizable factory report for the current month. On Wed. the Fed releases U.S. industrial output data for April. The Philly Fed's May manufacturing index is due Thu.
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