September Richmond FED Manufacturing Survey At -2

(For September 2010)

Richmond FED Manufacturing Survey came out today at -2. The consensus was at 6.0, prior reading at 6. Another manufacturing survey bellow consensus and again pointing to contraction.

Richmond FED Manufacturing, Dallas Fed Manufacturing, Empire State Manufacturing and Philadelphia FED General Business Conditions Index all point to lower ISM manufacturing. Richmond FED Manufacturing, Dallas Fed Manufacturing and Empire State Manufacturing deteriorated in September while Philadelphia FED improved, but remained in negative territory.

Chicago PMI is scheduled to be released on Thursday, ISM Manufacturing on Friday.

Chart 1. ISM  vs. Richmond FED, Dallas FED, Philadelphia FED, Empire State Manufacturing Surveys and Chicago PMI

Source: Bloomberg

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This entry was posted on Tuesday, September 28th, 2010 at 8:24 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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