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Category: Research - Topic: Economics - RICHMOND FED MFG


Richmond Fed's Current Activity improved to 0 in May 2024
Posted: May 29, 2024 at 10:00 AM (Wednesday)

Fifth District manufacturing activity improved but remained sluggish in May, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index increased from −7 in April to 0 in May. Of its three component indexes, shipments increased from −10 to 13, new orders increased from −9 to −6, and ...


Richmond Fed's Current Activity remained slow at −7 in April 2024
Posted: April 23, 2024 at 10:00 AM (Tuesday)

Fifth District manufacturing activity remained slow in April, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index increased from −11 in March to −7 in April. Of its three component indexes, shipments increased from −14 to −10, new orders increased from −17 to −9, and employment fell ...


Richmond Fed's Current Activity slowed to −11 in March 2024
Posted: March 26, 2024 at 10:00 AM (Tuesday)

Fifth District manufacturing activity slowed in March, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index decreased from −5 in February to −11 in March. Of its three component indexes, shipments remained solidly negative at −14, new orders fell from −5 to −17, and employment fell from ...


Richmond Fed's Current Activity was flat to −5 in February 2024
Posted: February 27, 2024 at 10:30 AM (Tuesday)

Fifth District manufacturing activity was flat in February, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index increased from −15 in January to −5 in February. Of its three component indexes, shipments remained solidly negative at −15, new orders increased from −16 to −5, and ...


Richmond Fed's Current Activity remained sluggish to -15 in January 2024
Posted: January 23, 2024 at 10:00 AM (Tuesday)

Fifth District manufacturing activity remained sluggish in January, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index decreased from −11 in December to −15 in January. Of its three component indexes, shipments edged up from −17 to −15, new orders edged down from −14 to −16, ...


Richmond Fed's Current Activity slowed to -11 in December 2023
Posted: December 27, 2023 at 10:00 AM (Wednesday)

Fifth District manufacturing activity slowed in December, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index decreased from −5 in November to −11 in December. Of its three component indexes, shipments fell from −8 to −17, new orders decreased from −5 to −14, and employment edged ...


Richmond Fed's Current Activity slowed to -5 in November 2023
Posted: November 28, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing activity slowed in November, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index decreased from 3 in October to −5 in November. Of its three component indexes, shipments fell from 9 to −8, new orders edged down from −4 to −5, and employment decreased from ...


Richmond Fed's Current Activity edged down to 3 in October 2023
Posted: October 24, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing activity changed little in October, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index edged down from 5 in September to 3 in October. Of its three component indexes, shipments edged up from 7 to 9, new orders fell from 3 to −4, and employment remained at ...


Richmond Fed's Current Activity improved to 5 in September 2023
Posted: September 26, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing activity improved in September, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index increased from −7 in August to 5 in September. Each of its three component indexes — shipments, new orders, and employment — increased. The shipments index improved from −5 ...


Richmond Fed's Current Activity edged up to -7 in August 2023
Posted: August 22, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing activity remained sluggish in August, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index edged up from −9 in July to −7 in August. Two of its three component indexes — shipments and new orders — also increased. The shipments index edged up from −6 in July ...


Richmond Fed's Current Activity edged down to -9 in July 2023
Posted: July 25, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing activity remained sluggish in July, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index edged down from −8 in June to −9 in July. Two of its three component indexes — shipments and new orders — also fell slightly. The shipments index edged down from −5 ...


Richmond Fed's Current Activity Fell to -10 in April 2023
Posted: April 25, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing firms reported deterioration in business conditions in April, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell from −5 in March to −10 in April. Two of its three component indexes — shipments and new orders — declined. The shipments index dropped ...


Richmond Fed's Current Activity Improved Modestly to -5 in March 2023
Posted: March 28, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing firms reported modest improvements in business conditions in March, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index rose from -16 in February to -5 in March. Of its three component indexes, shipments saw the largest change, rising notably from -15 ...


Richmond Fed's Current Activity deteriorated to -16 in February 2023
Posted: February 28, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing firms reported deterioration in business conditions in February, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index decreased from −11 in January to -16 in February. Of its three component indexes, shipments saw the largest change, declining notably from ...


Richmond Fed's Current Activity fell noticeably to -11 in January 2023
Posted: January 24, 2023 at 10:00 AM (Tuesday)

Fifth District manufacturing firms reported some deterioration in business conditions in January, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell noticeably into negative territory, decreasing from 1 in December to −11 in January. Each of its three component indexes: ...


Richmond Fed's Current Activity climbed to 1 in December 2022
Posted: December 28, 2022 at 10:00 AM (Wednesday)

Some Fifth District manufacturing firms reported modest improvements in December, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index climbed into positive territory, increasing from −9 in November to 1 in December. Each of its three component indexes — shipments, new orders ...


Richmond Fed's Current Activity edged up to -9 in November 2022
Posted: November 22, 2022 at 10:00 AM (Tuesday)

Some Fifth District manufacturing firms reported softening conditions in November, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index remained negative but edged up from −10 in October to −9 in November. Of its three component indexes, the indexes for shipments and ...


Richmond Fed's Current Activity fell to -10 in October 2022
Posted: October 25, 2022 at 10:00 AM (Tuesday)

Many Fifth District manufacturing firms reported weaker conditions in October, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell from 0 in September to −10 in October, dipping below its August level. Two of its three component indexes deteriorated notably: the indexes ...


Richmond Fed's Current Activity rose to 0 in September 2022
Posted: September 27, 2022 at 10:00 AM (Tuesday)

Many Fifth District manufacturing firms reported little change in activity in September, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index rose from −8 in August to 0 in September, matching its July level. Two of its three component indexes improved notably: the indexes for ...


Richmond Fed's Current Activity fell to −8 in August 2022
Posted: August 23, 2022 at 10:00 AM (Tuesday)

Many Fifth District manufacturing firms reported slowdowns in August, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell from 0 in July to −8 in August, almost matching the June reading of −9. Two of its three component indexes tumbled: the indexes for shipments and volume of ...


Richmond Fed's Current Activity improved to 0 in July 2022
Posted: July 26, 2022 at 10:00 AM (Tuesday)

Fifth District manufacturing activity improved but remained relatively flat in July, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index rose from −9 in June to 0 in July, as two of its three component indexes showed marked improvement. The indexes for shipments and volume of new ...


Richmond Fed's Current Activity declined to -19 in June 2022
Posted: June 28, 2022 at 10:00 AM (Tuesday)

Fifth District manufacturing firms reported another decline in activity in June, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell from −9 in May to −19 in June, as two of its three component indexes dropped further into negative territory. The indexes for shipments and volume ...


Richmond Fed's Current Activity declined to -9 in May 2022
Posted: May 24, 2022 at 10:00 AM (Tuesday)

Many Fifth District manufacturing firms reported declines in activity in May, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index fell from 14 in April to −9 in May, as two of the three components of the index turned negative: the indexes for shipments and volume of new orders ...


Richmond Fed's Current Activity increased to 14 in April 2022
Posted: April 26, 2022 at 10:00 AM (Tuesday)

Fifth District manufacturing activity continued its expansion in April, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index stood at 14 in April compared to 13 in March. Shipments increased to 17 from 9, while the volume of new orders moved down slightly to 6 from 10. ...


Richmond Fed's Current Activity increased to 13 in March 2022
Posted: March 22, 2022 at 10:00 AM (Tuesday)

Fifth District manufacturing activity improved in March, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index increased from 1 in February to 13 in March, with increases in all three of the component indexes — shipments, volume of new orders, and number of employees. Notably, ...


Richmond Fed's Current Activity fell to 1 in February 2022
Posted: February 22, 2022 at 10:00 AM (Tuesday)

Fifth District manufacturing activity softened in February, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index fell from 8 in January to 1 in February, due to declines in the indexes for shipments and new orders. Both indexes turned negative, with the shipments index dropping notably from 14 ...


Richmond Fed's Current Activity fell to 8 in January 2022
Posted: January 25, 2022 at 10:06 AM (Tuesday)

Fifth District manufacturing activity softened somewhat in January, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index fell from 16 in December to 8 in January, due to declines in the indexes for new orders and employment. The third component in the composite index, the index for shipments, ...


Richmond Fed's Current Activity rose to 16 in December 2021
Posted: December 28, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity strengthened in December, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index rose from 12 in November to 16 in December, driven by increases in shipments and new orders. The third component in the composite index, employment, moderated but remained ...


Richmond Fed's Current Activity Index inched down to 11 in November 2021
Posted: November 23, 2021 at 10:00 AM (Tuesday)

the Federal Reserve Bank of Richmond. The composite index inched down from 12 in October to 11 in November but remained in expansionary territory. All three component indexes — shipments, new orders, and employment — continued to reflect growth. However, many firms reported that inventories were too low, as the index for finished goods ...


Richmond Fed's Current Activity Index increased to 12 in October 2021
Posted: October 26, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity strengthened in October, according to the most recent survey from the Richmond Fed. The composite index rose from −3 in September to 12 in October, as all three component indexes — shipments, new orders, and employment — increased. Backlogs of orders and lead times indexes continued to grow, as the vendor ...


Richmond Fed's Current Activity Index declined to -3 in September 2021
Posted: September 28, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity softened slightly in September, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index declined from 9 in August to −3 in September. The indexes for shipments and new orders fell below 0 for the first time since May 2020, but the third component index — employment ...


Richmond Fed's Current Activity Index declined to 9 in August 2021
Posted: August 24, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity improved in August, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index declined from 27 in July to 9 in August but remained in expansionary territory, as all three component indexes — shipments, new orders, and employment — decreased but remained ...


Richmond Fed's Current Activity Index rose to 27 in July 2021
Posted: July 27, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity strengthened in July, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index inched up from 26 in June to 27 in July, buoyed by increases in the shipments and employment indexes, while the third component index — new orders — declined but remained in ...


Richmond Fed's Current Activity Index rose to 22 in June 2021
Posted: June 22, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity expanded in June, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index rose from 18 in May to 22 in June. This was driven by an increase in the new orders index, while the other two component indexes — shipments and employment — also remained in ...


Richmond Fed's Current Activity Index inched up to 18 in May 2021
Posted: May 25, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity strengthened in May, according to the most recent survey from the Richmond Fed. The composite index inched up from 17 in April to 18 in May, as all three component indexes — shipments, new orders, and employment — reflected growth. A majority of firms reported lengthening vendor lead times, as this ...


Richmond Fed's Current Activity Index held steady at 17 in April 2021
Posted: April 27, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity improved in April, according to the most recent survey from the Richmond Fed. The composite index held steady at 17, indicating continued growth, as all three component indexes — shipments, new orders, and employment — remained positive. Survey responses indicated supply constraints, with the backlog of ...


Richmond Fed's Current Activity Index rose to 17 in March 2021
Posted: March 23, 2021 at 10:00 AM (Tuesday)

Fifth District manufacturing activity expanded in March, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index rose from 14 in February to 17 in March, driven by a sharp increase in the shipments index while the other two components — new orders and employment — held steady. Businesses ...


Richmond Fed's Current Activity Index fell from 19 to 14 in January 2021
Posted: January 26, 2021 at 10:30 AM (Tuesday)

The Fifth District manufacturing sector showed signs of growth in January, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index fell from 19 in December to 14 in January but remained in expansionary territory, as did all three of its component indexes — shipments, new orders, and ...


Richmond Fed's Current Activity Index rose from 15 to 19 in December 2020
Posted: December 22, 2020 at 10:00 AM (Tuesday)

Fifth District manufacturing activity showed signs of improvement in December, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index rose from 15 in November to 19 in December, buoyed by increases in the indexes for new orders and employment, while the third component — the shipments index — ...


Richmond Fed's Current Activity Index fell from 29 to 15 in November 2020
Posted: November 24, 2020 at 10:00 AM (Tuesday)

Reports from Fifth District manufacturers were broadly positive in November, according to the most recent survey from the Richmond Fed. The composite fell from 29 in October to 15 in November, but remained firmly in expansionary territory, as all three component indexes — shipments, new orders, and employment — had positive readings. ...


Richmond Fed's Current Activity Index rose from 21 to 29 in October
Posted: October 27, 2020 at 10:00 AM (Tuesday)

Fifth District manufacturing activity strengthened in October, according to the most recent survey from the Richmond Fed. The composite index rose from 21 in September to 29 in October, its highest reading on record, buoyed by increases in the shipments and new orders indexes, while the third component — the employment index — was unchanged. ...


Richmond Fed's Current Activity Index climbed from 18 to 21 in September
Posted: September 22, 2020 at 10:00 AM (Tuesday)

Manufacturing activity in the Fifth District improved in September, according to the most recent survey from the Richmond Fed. The composite index climbed from 18 in August to 21 in September, buoyed by increases in the indicators for new orders and employment. The third component index — shipments — decreased but remained positive, ...


Richmond Fed's Current Activity Index rose from 10 to 18 in August
Posted: August 25, 2020 at 10:00 AM (Tuesday)

Manufacturing activity in the Fifth District continued to strengthen in August, according to the most recent survey from the Richmond Fed. The composite index rose from 10 in July to 18 in August, as all three components — shipments, new orders, and employment — increased. The index for local business conditions also rose, and many firms ...


Richmond Fed's Current Activity Index rose from 0 to 10 in July
Posted: July 28, 2020 at 10:00 AM (Tuesday)

Manufacturing in the Fifth District showed signs of recovery in July, according to the most recent survey from the Richmond Fed. The composite index rose from 0 in June to 10 in July, its first positive reading since March, buoyed by increases in all three components. The indexes for shipments and new orders suggested expansion, while the ...


Richmond Fed's Current Activity Index rose from −27 to 0 in June
Posted: June 23, 2020 at 10:00 AM (Tuesday)

Fifth District manufacturing held fairly steady in June, according to the most recent survey from the Richmond Fed. The composite index rose from −27 in May to 0 in June, as shipments were relatively flat, more firms reported increases in new orders, and firms generally reported continued declines in employment. The index for local ...


Richmond Fed's Current Activity Index rose from −53 to −27 in May
Posted: May 27, 2020 at 10:00 AM (Wednesday)

Fifth District manufacturing remained soft in May, according to the most recent survey from the Richmond Fed. The composite index rose from a record low of −53 in April to −27 in May, remaining at its lowest level since 2009. All three components — shipments, new orders and employment — were above their April readings but still in ...


Richmond Fed's Current Activity Index plummeted from 2 to −53 in April
Posted: April 28, 2020 at 10:00 AM (Tuesday)

Fifth District manufacturing activity declined sharply in April, according to the most recent survey from the Richmond Fed. The composite index plummeted from 2 in March to −53 in April, its lowest reading and largest one-month drop on record. All three components — shipments, new orders, and employment — fell, and the indexes for shipments ...


Richmond Fed's Current Activity Index rose from −2 to 2 in March
Posted: March 24, 2020 at 10:00 AM (Tuesday)

Fifth District manufacturing activity remained fairly flat in March, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index remained close to 0, rising from −2 in February to 2 in March. The indexes for shipments and new orders were above their February values, but the third component — employment ...


Richmond Fed's Current Activity Index fell from 20 to −2 in February
Posted: February 25, 2020 at 10:00 AM (Tuesday)

Fifth District manufacturing activity softened in February, according to the most recent survey from the Richmond Fed. The composite index fell from 20 in January to −2 in February. All three components of the composite index — shipments, new orders, and employment — moved lower from January. Firms also reported a decrease in backlog of ...


Richmond Fed's Current Activity Index rose from −5 to 20 in January
Posted: January 28, 2020 at 10:00 AM (Tuesday)

Fifth District manufacturing activity rebounded in January, according to the most recent survey from the Richmond Fed. The composite index rose from −5 in December to 20 in January, as all three components — shipments, new orders, and employment — increased. Local business conditions also improved as this index saw its largest increase ...



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