USA, Fed Richmond: manufacturing sector worsens in June

USA Fed Richmond manufacturing sector worsens in June

(Finance) – The Richmond Fed index on the state of the manufacturing sector worsens in June. The indicator that summarizes the state of the district’s activity it moves into negative territory at -10 points from 0 in May and against the -3 points of expectations.

The data, published by the District Virginia Capital Fedalso highlights a worsening of the deliveries component which goes to -9 points from +13 in the previous month, while the services component goes to -11 from +3 points.

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