Index Indicating Manufacturing Sentiment in the Richmond District
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Richmond Fed Manufacturing Index is an indicator used to assess economic activity in the manufacturing sector within the Richmond region. This data is released monthly by the Richmond Federal Reserve Bank and is calculated based on a survey of purchasing managers in the manufacturing industry.
The index is based on a baseline of zero; values above zero indicate that manufacturing is expanding, while values below zero indicate a contraction. The Richmond Fed Manufacturing Index includes key components such as new orders, shipments, employment, and inventories, and serves as a leading indicator for the regional economy.
This data provides policymakers with essential information to assess regional economic trends and formulate appropriate economic policies. It also serves as a vital source of information for businesses and investors to understand regional economic trends and forecast economic prospects.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
