Highlights of the December 2015 US Richmond Fed manufacturing index data report 22 December 2015
– Prior -3
– Manufacturing shipments 0 vs-1 prior
– New orders 8 vs -6 prio
A decent bounce in the region covered by the Richmond Fed. Finished goods inventories rose signalling improved sentiment. Wages up too, as well as prices in general. It’s a small indicator and one of the only ones to post a decent gain in Dec