US: Fifth District Manufacturing Activity Softened Again in September | Metals Mine

  • US: Fifth District Manufacturing Activity Softened Again in September

    From richmondfed.org Story is in PDF Format

    Fifth District manufacturing activity softened again in September, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell to -17 in September from -7 in August. All three of its component indexes decreased. Shipments dropped to -20 from -5, new orders fell to -15 from -6, and employment decreased to -15 from -11. The local business conditions index fell to -12 in September. Meanwhile, the index for future local business conditions rose to -1 from -10. The future index for shipments decreased to 0 from 13, while the future index for new orders was nearly ... (full story)

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