Highlights of the December 2015 US Richmond Fed manufacturing index data report 22 December 2015

  • Prior -3
  • Manufacturing shipments 0 vs-1 prior
  • New orders 8 vs -6 prio
  • Employment 12 vs 0 prior
  • Wages 17 vs 6 prior
  • Prices paid 0.67 vs 0.61 prior
  • Prices rec'd 0.27 vs 0.22 prior

A decent bounce in the region covered by the Richmond Fed. Finished goods inventories rose signalling improved sentiment. Wages up too, as well as prices in general. It's a small indicator and one of the only ones to post a decent gain in Dec

The services survey index was out too and that rose to flat from -1 in Nov

US Richmond Fed manufacturing index