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December 2015 US Richmond Fed manufacturing index +6 vs -1 exp

Highlights of the December 2015 US Richmond Fed manufacturing index data report 22 December 2015

  • Prior -3
  • Manufacturing shipments 0 vs-1 prior
  • New orders 8 vs -6 prio
  • Employment 12 vs 0 prior
  • Wages 17 vs 6 prior
  • Prices paid 0.67 vs 0.61 prior
  • Prices rec'd 0.27 vs 0.22 prior

A decent bounce in the region covered by the Richmond Fed. Finished goods inventories rose signalling improved sentiment. Wages up too, as well as prices in general. It's a small indicator and one of the only ones to post a decent gain in Dec

The services survey index was out too and that rose to flat from -1 in Nov

US Richmond Fed manufacturing index

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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