The Housing Chronicles Blog: Richmond Fed: Regional manufacturing index rose sharply in September

Wednesday, September 27, 2017

Richmond Fed: Regional manufacturing index rose sharply in September

The Richmond Fed's composite manufacturing index rose from 14 to 19, supported by a sizable increase in the index for shipments — which, at a reading of 22, is the highest it has been since December 2010 — and a smaller rise in the index for new orders. The third component of the composite index, the employment index, fell slightly.

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