• Prior 20
  • Manufacturing shipments 1 vs 23 prior
  • New orders 1 vs 22 prior
  • Employment 10 vs 14 prior
  • Wages 15 vs 11 prior
  • Capex expectations 17 vs 25 prior
  • Services index 25 vs 27 prior

Another manufacturing report struggling to get off the ground and into a meaningful growth trend and with the Q3 import/export revisions (and I’ll add the overall monthly trade data) it’s becoming a bit of a worry.

US Richmond Fed manufacturing index 25 11 2014

US Richmond Fed manufacturing index 25 11 2014