• Richmond Fed Manufacturing Index rises to −3 in April

Noticias del mercado

28 abril 2015

Richmond Fed Manufacturing Index rises to −3 in April

The Federal Reserve Bank of Richmond released its survey of manufacturing activity. The lender said that "manufacturing activity remained soft in April".

The composite index for manufacturing rose to −3 in April from −8 in March.

The increase was driven by higher manufacturing employment and higher wages.

Manufacturers expect shipments and in the volume of new orders to grow.

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