US: Fifth District Manufacturing Activity Remained Slow in December | Metals Mine

  • US: Fifth District Manufacturing Activity Remained Slow in December

    From richmondfed.org Story is in PDF Format

    Fifth District manufacturing activity remained slow in December, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index rose to -7 in December from -15 in November. All three of its component indexes increased but remained negative. The shipments index increased slightly to -11 from -14, new orders rose to -8 from -22, and the employment index increased to -1 from -7. The local business conditions index rose to -9 in December from -20 in November. Meanwhile, expectations for local business conditions improved as the index for future local business conditions ... (full story)

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