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US October Richmond Fed manufacturing composite index -14 vs -21 prior

  • Services index +3 vs -1 last month
  • Manufacturing shipments -8 vs -18 last month

Other details:

  • Employment -17 vs -22 last month
  • Wages 16 vs 15 last month
  • Prices paid 2.70 vs 3.36 last month
  • Prices received 1.71 vs 1.57 last month
  • New orders -17 vs -23 last month
  • Backlog of orders -14 vs -16 last month
  • Capacity utilization -11 vs -20 last month
  • Capital expenditures -23 vs -13 last month
  • Services expenditure -22 vs -17 last month
  • Finished goods inventories 17 vs 20 last month
  • Raw materials inventory 12 vs 12 last month
  • Equipment and software spending -21 vs -13 last month

The numbers improved but that comes after a particularly bad string of data.

This article was written by Adam Button at www.forexlive.com.

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