A Blog dedicated to tracking economic trends and financial matters.
Tuesday, March 22, 2016
The Richmond Fed Survey of Manufacturing Activity: March 2016
Federal Reserve Bank of Richmond
Survey of Manufacturing Activity
for March showing that the composite index, the broadest measure of manufacturing activity, improved notably rising to a level of 22 from a level of -4 the prior month.
The most notable component measures also showed similar results with Shipments rising to 27, New Orders rising to 24 and Backlog of Orders improving to 1.
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