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US: Fifth District Manufacturing Activity Deteriorated in July
Fifth District manufacturing activity deteriorated in July, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell to -20 in July from -8 in June, remaining in negative territory. All three of its component indexes fell. Shipments decreased to -18 from -5, new orders dropped to -25 from -12, and employment fell to -16 from -6. The local business conditions index increased to -11 in July. The index for future local business conditions rose to -2 from -7. The future indexes for shipments and new orders increased, with shipments rising to 11 from 6 and new ... (full story)
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- Jul 22, 2025 9:00am Posted by
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