Richmond Fed services index -23 versus -17 last month.Composite index -10 vs -5 last month | Forexlive

Richmond Fed composite index 3 month moving average

Prior month manufacturing 2

Manufacturing shipments index -7 versus 2 last month

Services index -23 versus -17 last month

Composite manufacturing index -10 versus -5 last month

Not a good report. Prices higher too.

Highlights:

prices paid 7.57 versus 6.24 last month

prices received 5.63 versus 5.59 last month

employment 0 versus -5 last month

wages 25 versus 27 last month

availability of skills -12 versus -3 last month

new orders -20 versus -11 last month

Expectations 6 months forward highlights:

shipments 9 versus 25 last month

new orders -2 versus 4 last month

backlog of orders -21 versus -13 last month

employment 11 versus 7 last month

wages 40 versus 49 last month

prices paid 3.2 versus 3.53 last month

prices received 2.6 versus 2.01 last month

Details of the Richmond Fed indices

/inflation

Source : https://www.forexlive.com/news/richmond-fed-manufacturing-index-7-versus-2-last-month-20230425/
https://newjinmedia.com/richmond-fed-services-index-23-versus-17-last-month-composite-index-10-vs-5-last-month-forexlive/