May Richmond-area manufacturing survey

May Richmond Fed
  • Prior was -53
  • Estimates ranged from -45 to -25
  • Shipments -26 vs -70 prior
  • New orders -35 vs -61 prior
  • Employment -16 vs -21 prior
  • Wages -3 vs 0
  • Full report

This is a better sign on manufacturing but it's still deeply negative.