Wednesday: Richmond Fed Mfg Survey

Wednesday: Richmond Fed Mfg Survey

The trade war has increased uncertainty over the U.S. economic outlook, prompting the Federal Reserve on Wednesday. manufacturing index to more than a 2-1/2-year low in June. But there are some.

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Today, the Federal Reserve Bank of Richmond released its Survey of Manufacturing Activity for February, showing that the composite index, the broadest measure of manufacturing activity, declined to a.

And that’s your final US economic data point of the year. It’s a huge miss. The regional manufacturing numbers in December have been all over the place. Richmond was also a big miss, which the Chicago.

Manufacturing Business Outlook Survey . The Manufacturing Business Outlook Survey is a monthly survey of manufacturers in the Third Federal Reserve District. Participants indicate the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders.

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6521, up 0.0010 or +0.14%. It was a quiet day in the states on Wednesday. The richmond manufacturing index ticked lower to 5, up from the previously reported 3, but below the 6 estimate. According to.

The Richmond Fed manufacturing index rose 5 points to 29, its highest level on record, the regional bank said Tuesday. Economists had forecast the index to come in at 20, according to a survey by.

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) _ A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending. Seven of the Fed’s 12 regions _ Boston, New York, Richmond, Chicago, Minneapolis, Dallas and San Francisco _ reported “moderate” [.]

The Survey of Manufacturing Activity is sent to about 220 firms whose type, size, and location match the profile of overall manufacturing in the Fifth District. The respondents provide information on both current and expected activity, including shipments, orders, and inventories. It is published on.

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Fifth District manufacturing activity weakened in December, according to the latest survey from the Richmond Fed. The composite index dropped from 14 in November to 8 in December, weighed down by drops in the indexes for new orders and shipments. At 25, the shipments index was its lowest reading since April 2009.

Florida homeowners are getting a break. One insurance company is cutting its rates. And Universal Insurance Co. of North America, which has 81,834 policies statewide and 11,420 in South Florida, received a 12 percent increase for its homeowner property insurance policies. The Office of Insurance Regulation has received 19 rate hike requests that are pending from Florida home insurers since June.

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