Highlights of Richmond Fed manufacturing index..
- Prior months highlights
- The level is the highest level on record.
- Prior month remains at 24
- Service revenue index 18 vs 31 last month
- Shipments 33 vs 23 last
- Employment 16 vs 25 last
- Average workweek 19 vs 16 last
- New orders 34 vs 25 last
- Backlog orders 20 vs 15 last
- Wages 33 vs 27 last
- Prices paid (% change in prices from previous month annualized) 3.47% vs 3.31%
- Prices received (% change in prices from previous month annualized) 1,93% vs 1.58%
The index is above the 3 month average at 24 and is the highest level on record. It is a regional index Strong.
