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Home›Bonds & Rates›Inflation›Richmond Fed manufacturing index rises, services hit l…

Richmond Fed manufacturing index rises, services hit lowest of year

Shipments improved to +11 from +8, while services fell to -8 versus -3, the weakest reading of the year.

Forexlive reports that the Richmond Fed manufacturing composite index increased to +4, up from a prior reading of +5.

The report cited shipments rising to +11 from +8, while services dropped to -8 from -3, with the services figure described as the lowest of the year.

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