US Fifth District Manufacturing Activity Declined in November

From richmondfed.org

Fifth District manufacturing activity declined in November, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index dropped to -15 in November from -4 in October. Two of its three component indexes decreased. The shipments index fell notably to -14 from 4 and new orders decreased to -22 from -6. Meanwhile, the employment index increased slightly to -7 from -10. The local business conditions index dropped to -20 in November from -1 in October. Meanwhile, expectations for local business conditions improved as the index for future local business conditions ... (full story)