Richmond Fed Manufacturing Index rises to 6 in June

Market news

23 June 2015

Richmond Fed Manufacturing Index rises to 6 in June

The Federal Reserve Bank of Richmond released its survey of manufacturing activity on Tuesday. The lender said that "manufacturing activity grew modestly in June".

The composite index for manufacturing rose to 6 in June from 1 in June.

The increase was driven by higher volume of new orders, which rose 9 points to 11 in June.

Major U.S. stock-indexes little changed

New home sales hit the highest level since February 2008

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