Manufacturing In New York Area Cools As Sales, Hiring Slow

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U.S. Market Should Be Part of a Portfolio: Shiller

Now that Capital is close to filling up its reporter ranks on the politics and media desks, editors are lining up several weekly city columnists for the site’s early November relaunch. Capital’s first three columnists will be Jim Windolf, a Vanity Fair contributing editor who has written for several publications and started the New York Observer’s “New York World” column; Joanna Molloy, a veteran Daily News gossip writer and co-author of a new book on the subject; and Glynnis MacNicol, a writer and co-founder of TheLi.st and former media editor at Business Insider and Mediaite. The model will be more Jimmy Breslin than Joe Scarborough. While Politico columnists, like Scarborough or National Review editor Rich Lowry, comment on political and policy debates, Capital’s writers will produce reported columns that also express a point of view. They’ll draw from the city columnist tradition that extends from tabloid muckraking, a la Breslin, to the New York Times’ Clyde Haberman. Capital co-editor Tom McGeveran told HuffPost the new columns will focus on “New York issues, New York personalities and New York places.” “This is a tradition in which the best columns always entertain,” McGeveran said. “Sometimes they even change the minds of the city’s big decision makers; better yet is when a columnist changes their plans.” The new columnists are not joining full-time, but will write weekly for the site. However, Capital has been filling up the newsroom with full-time reporters and editors since Politico purchased the three-year-old site in September. On the politics front, Capital’s hired Daily News veteran Joanne Wasserman , the Albany Times Union’s Jimmy Vielkind , the New York Post’s Sally Goldenberg . Capital media reporter Joe Pompeo will now be joined on the desk by several additional reporters, including TV Newser’s Alex Weprin, Women’s Wear Daily’s Matthew Lynch, former Newsday and Milwaukee Journal Sentinel reporter Nicole Levy, and World Policy Journal’s Johana Bhuiyan. In addition, Peter Sterne will cover media part-time for the site while finishing at Columbia University. Follow Michael Calderone on Twitter: www.twitter.com/mlcalderone FOLLOW MEDIA

Capital New York Hires Three Columnists As Relaunch Nears

The gauge dropped even as orders climbed to the highest level in seven months, indicating production will probably pick up next month. The budget and debt-ceiling standoff in Washington may have shaken confidence within manufacturing, which makes up about 12 percent of the economy. A lot of manufacturers uncertainty can be blamed on the fiscal brinkmanship, rather than a deterioration in fundamentals, said Ryan Sweet , a senior economist at Moodys Analytics Inc. in West Chester , Pennsylvania, who projected the index would drop to 1. The improvement in new orders is reason for optimism. Stock futures were little changed, after a four-day rally took the Standard & Poors 500 Index to a three-week high, as investors weighed budget-talk developments. The contract on the S&P 500 maturing in December dropped less than 0.1 percent to 1,703 at 8:55 a.m. in New York. Survey Results Octobers estimates for the so-called Empire State index in the Bloomberg survey of 51 economists ranged from minus 2 to 10. The headline reading is a separate question rather than a compilation of subcomponents and is therefore sometimes considered a gauge of underlying sentiment. The measure of new orders increased in October to 7.8, the highest since March, from 2.4 the previous month. A gauge of shipments declined to 13.1 from a 16-month high of 16.4 in September. Factory managers said inventories were little changed this month after climbing in September for the first time in more than a year. Stronger orders and weaker inventories is not exactly a bad combination for the production outlook, Neil Dutta, head of U.S. economics at Renaissance Macro Research LLC in New York, said in a report.

Players New York Rangers Should Target to Make Roster Alain Vigneault-Friendly

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He has 24- and 26-goal seasons on his resume, he’s consistent, and he’s one of the few players on Calgary’s roster to play a gritty game. The Flames are desperate for a defenseman to play withMark Giordanoand the Flyers have a glut of high-priced blue-liners. Even without trading a defenseman, the Flyers could fit a player like Glencross’ $2.55 million salary-cap hit on the books — if he were willing to move his no-trade clause. The Blueshirts have a number of defenders in their system, so it is fair to say that they have the pieces necessary to strike a deal. Glencross is a prototypical Vigneault player because he has offensive talent, is a tough two-way player and utilizes his speed in all three zones. The Rangers could stand to add some skill on their wing, and Glencross certainly would fit the bill of requirements. Nail Yakupov, Edmonton Oilers Yakupov would bring some much needed offensive talent to the lineup. Andy Devlin/Getty Images The Rangers would have to make a couple of moves to get Nail Yakupov under the salary cap, but he is the type of player Glen Sather should target. Pierre LeBrun of ESPN had a lengthy column on the state of the Edmonton Oilers , and he wrote that the team needs to upgrade its blue line. LeBrun said, “The real area that needs addressing is on defense. I suspect youll see MacTavish add a body or two between now and the March trade deadline. Or attempt to.He has ample assets up front to trade, as the team is loaded with forward talent.” The Rangers have a glut of defenders, a number of whom could be No. 1 or 2 defenders on the roster. For example, Dan Girardi is a free agent at the end of this season, and he would a great addition to the Oilers’ blue line. Michael Del Zotto is another defender who would be attractive to the Oilers and would add some offensive talent to their back end. Obviously the Oilers wouldn’t want to deal Yakupov, but they would be upgrading their blue line, and Taylor Hall, Jordan Eberle, Ryan Nugent-Hopkins and Sam Gagner would remain on the roster. In order to get talent, you need to give up talent, and thatphilosophywould come into play here.