Day: February 23, 2022


Richmond Fed: Manufacturing Activity Softened in February

Federal Reserve Bank of Richmond (02/22/22) Mid-Atlantic manufacturing activity softened in February, according to the Federal Reserve Bank of Richmond. The composite index dropped from eight in January to one in February, due to declines in the indexes for shipments and new orders. Both indexes turned negative, with the shipments index dropping notably to -11 in February from 14 in January. However, the third component

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