New York's manufacturing index fell sharply, the economy shrank more than expected

The New York manufacturing index shrank more than expected, indicating that the economic situation is not optimistic. At the same time, the six-month overall economic activity outlook index was 21.6, little changed and still the highest since October last year. The capital expenditure outlook index was also little changed.

The economic activity outlook index is 21.6

According to the Institute for Supply Management, the economic activity outlook index is 21.6, which means that economic performance in the coming months may be affected to some extent. This also reflects the market's concerns about future economic development.

Capital expenditure outlook index unchanged

It is worth noting that the capital expenditure outlook index has barely changed, indicating that companies have not changed much in their future investment plans. This may be related to market uncertainty about the economic outlook.

Manufacturing index declines

The New York manufacturing index fell more than expected, which may indicate some challenges for the manufacturing industry. This may also have some impact on the economy as a whole and needs to be watched closely.

• The economic activity outlook index is 21.6
• Capital expenditure outlook index unchanged
• Manufacturing index declines

Summarize

Overall, the decline in the New York manufacturing index and changes in the economic activity outlook index indicate that the economic situation is not optimistic. Active policy measures are needed to deal with possible challenges and maintain stable economic development.