A Blog dedicated to tracking economic trends and financial matters.
Tuesday, May 24, 2016
The Richmond Fed Survey of Manufacturing Activity: May 2016
Federal Reserve Bank of Richmond
Survey of Manufacturing Activity
for May showing that the composite index, the broadest measure of manufacturing activity, worsened notably falling to a level of -1 from a level of 14 the prior month.
The most notable component measures also showed similar results with Shipments falling to -8, New Orders falling to 0 and Backlog of Orders falling to -13.
Share to Twitter
Share to Facebook
Share to Pinterest