RICHMOND FED MANUFACTURING INDEX CRUSHES EXPECTATIONS

richmond virginia

UPDATE:

Nice number!

The Richmond Fed manufacturing index has crushed expectations, rising to +9 from -7 last year, well ahead of the expectations of -9.

The full report can be read here >

Earlier…

Last big economic datapoint of the day: The Richmond Fed Manufacturing report, which is a gauge of the health of the manufacturing sector in the Richmond area.

Analysts are looking for a reading of -9 vs. -7.

We’ll have the number here LIVE at 10:00 AM ET.

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