A gauge of manufacturing in New York state rose in February as inventories jumped, the New York Federal Reserve said in a report on Tuesday.
The New York Fed's Empire State general business conditions index rose to 24.91 in February from 15.92 in January.
Economists polled by Reuters had expected a February figure of 17 to 18.
The inventories index rose sharply, to 0.0, its highest reading in more than a year.
(Reporting by John Parry and Wanfeng Zhou; Editing by Chizu Nomiyama)