Richmond Fed: "Manufacturing Activity Remained Positive in October"

From the Richmond Fed: Reports on Fifth District Manufacturing Activity Remained Positive in October Reports on Fifth District manufacturing activity remained positive in October, according to the latest survey by the Federal Reserve Bank of Richmond. The composite index dropped , affected by a notable decline in the shipments index, which fell from 22 to 9 , but it remained positive across all components, indicating continued growth. While most manufacturing indexes fell in October, the wage index increased from 17 to 24, which is the highest it has been since May of 2000 . Manufacturing......(read more)

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