Markets

RICHMOND FED CRUSHES EXPECTATIONS

The Richmond Federal Reserve’s manufacturing survey came in at 13. Expectations were for a tick of 4. October had printed at 1. The survey measures industrial activity from Maryland to South Carolina and out to West Virginia. Full release » Indices increased across the board, with shipments surging 18 points […]
RICHMOND FED CRUSHES EXPECTATIONS
Markets

EAST-COAST MANUFACTURING UNEXPECTEDLY IMPROVES

The Richmond Fed’s monthly manufacturing report is out. The headline index unexpectedly rose to 1 from September’s 0 reading. Economists expected an unchanged reading this month. The Richmond Fed’s survey polls manufacturers from Maryland, Virginia, West Virginia, North Carolina, and South Carolina on regional business conditions. Below is a summary […]
EAST-COAST MANUFACTURING UNEXPECTEDLY IMPROVES
Markets

Richmond Fed Manufacturing Soars To 4 From -9 Last Month

[credit provider=”Flickr via taberandrew” url=”http://www.flickr.com/photos/andrewbain/521312591/sizes/z/in/photostream/”] The Richmond Fed’s survey of manufacturing activity in the central Atlantic region of the United States registered a nice beat this month, coming in with a reading of 4 on the index.The consensus expectations among economists polled by Bloomberg was for a reading of -5 […]
Richmond Fed Manufacturing Soars To 4 From -9 Last Month
Markets

RICHMOND FED: Manufacturing Continues To Contract In The South East

[credit provider=”General Electric” url=”http://ge.ecomagination.com/news-media/advertising-and-images.html#/image-gallery”] UPDATE:Manufacturing continued to contract in the South East and mid-Atlantic region of the country, although it did so at a less prononced rate, new data out of the Federal Reserve Bank of Richmond shows.
RICHMOND FED: Manufacturing Continues To Contract In The South East