Richmond Fed Manufacturing index for July 14 vs 7 estimate

July Richmond Fed Manufacturing index

The July Richmond Fed Manufacturing index for July came in at 14 vs 7 estimate. The prior month was revised to 11 from 7 previously.

Highlights:

• Employment up to 10 from 5 last month
• New orders 18 vs 14 last month
• Backlog of orders 11 vs -4 last month.
• Overall 7 of 8 components in the current conditions rose and 1 was unchanged.
• 8 of 9 expectations components were higher with 1 unchanged
• The high for the year came in at 19 in February $3076 in 1900 events three that's for license you this is key sheets. The low came in at 3 in May.

A pretty good number for the regional index.

Below is the complete table from the Richmond Fed.