A Blog dedicated to tracking economic trends and financial matters.
Tuesday, February 23, 2016
The Richmond Fed Survey of Manufacturing Activity: February 2016
Federal Reserve Bank of Richmond
Survey of Manufacturing Activity
for February showing that the composite index, the broadest measure of manufacturing activity, declined to a recessionary level of -4 from a level of 2 the prior month.
The most notable component measures also showed similar results with Shipments falling to -11, New Orders falling to -6 and Backlog of Orders falling to -14.
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