Richmond Fed: "Fifth District Manufacturing Activity Saw Robust Growth in November"

From the Richmond Fed: Fifth District Manufacturing Activity Saw Robust Growth in November Manufacturing firms reported robust growth in November, according to the latest survey by the Federal Reserve Bank of Richmond. The composite index jumped from 12 to 30, the highest it has been since 1993 . This rise was bolstered by strengthening conditions across all three components of the index. While indicators of current wages and finished goods fell in November, both maintained positive values, dropping from 24 to 21 and 14 to 9, respectively. District manufacturing firms remained optimistic that ......(read more)

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