Richmond Fed Manufacturing Index Negative Second Month
April 28, 2015Spread the love
The Richmond Fed reports Manufacturing Sector Activity Remained Soft; Employment and Wages Grew Mildly Overall, manufacturing conditions remained soft in April. The composite index for manufacturing moved to a reading of -3 following last month’s reading of -8. The index for shipments and the index for new orders gained seven points in April, although both indicators finished at only -6.
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Richmond Fed Manufacturing Index Negative Second Month
