US, Richmond Fed: Manufacturing Sector Worsens in July

USA Fed Richmond manufacturing sector worsens in June

(Finance) – The Richmond Fed index on the state of the economy worsens further manufacturing sectorThe indicator that summarizes the state of the district’s activity goes to -17 points in July from -10 in June and against the -7 points of expectations.

The data, published by Virginia Capital Federal Districtalso highlights a worsening of the deliveries component which goes to -21 points from -9 of the previous month, while the services component goes to +5 from +7 points.

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