By Allison Prang 
 

A measurement of general business conditions in New York state fell slightly in November from a month ago but stayed positive.

The general business conditions indicator from the Empire State Manufacturing Survey was 2.9 for November, down from 4 last month.

Feelings from survey respondents were mixed. The survey said that 28% said conditions got better. Twenty-six percent said the opposite.

The indicators for shipments and prices paid fell but were positive, and the new orders indicator rose. The indicator for unfilled orders improved but stayed negative and the indicators for delivery time and inventories both worsened and were still negative.

The indicator measuring number of employees rose but the one measuring average employee workweek declined. Both were positive.

The indicator measuring general business conditions expectations six months out rose to 19.4 from 17.1. Most of the future indicators improved, with the gauge for future technology spending up to 15.1 from 8.8 and the indicator measuring future capital expenditures rising to 19.2 from 8.8. The future indicator for unfilled orders also jumped to 4.8 from a negative reading of 5.6.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

November 15, 2019 08:45 ET (13:45 GMT)