Richmond Fed Manufacturing Index
a.k.a. Richmond Fed survey
A monthly survey of factory activity in the US mid-Atlantic region from the Richmond Federal Reserve Bank.
In plain English
A monthly survey of factory activity in the US mid-Atlantic region from the Richmond Federal Reserve Bank.
The Richmond Fed Manufacturing Index surveys manufacturers in the region covered by the Federal Reserve Bank of Richmond about shipments, new orders and hiring. Above zero means more firms saw improvement than deterioration.
It is one of several regional surveys, alongside the Philly Fed and Empire State indexes, that traders stitch together to guess the national picture before the ISM arrives.
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