Declined to -31.3 The headline General Business Conditions Index of the Federal Reserve Bank of New York's Empire State Manufacturing survey declined to -31.3 in August from 11.1 in July. This reading missed the market expectation of 8.5 by a wide margin. https://www.fxstreet.com/news/us-ny-fed-empire-state-manufacturing-index-slumps-to-313-vs-85-expected-202208151235