Yesterday, the Federal Reserve Bank of Richmond released their Survey of Manufacturing Activity for June showing that the composite index, the broadest measure of manufacturing activity, worsened notably falling to a level of -7 from a level of -1 the prior month.
The most notable component measures also showed similar results with a weak Shipments level of -3, New Orders falling to -14 and Backlog of Orders falling to -17.
from
http://paper-money.blogspot.com/2016/06/the-richmond-fed-survey-of.html
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