A Blog dedicated to tracking economic trends and financial matters.
Wednesday, June 29, 2016
The Richmond Fed Survey of Manufacturing Activity: June 2016
Federal Reserve Bank of Richmond
Survey of Manufacturing Activity
for June showing that the composite index, the broadest measure of manufacturing activity, worsened notably falling to a level of -7 from a level of -1 the prior month.
The most notable component measures also showed similar results with a weak Shipments level of -3, New Orders falling to -14 and Backlog of Orders falling to -17.
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