Richmond Fed manufacturing index edged down in September
The Richmond Fed’s monthly manufacturing survey showed its composite index fell in September from August; economists polled by The Wall Street Journal expected it to hold flat at 4.
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02:36:45 PM UTC
SquawkNews
The composite measure fell to —2 from 4 in August, as shipments dropped to —5 from 11 and new orders declined to —6 from 3. The employment index, however, improved to 7 from —2, signalling modest hiring momentum.Forward looking indicators for shipments and new orders remained in positive territory…