BREAKING: Lower-than-expected Richmond Fed Composite Index

Richmond Fed Composite Index: actual -11; forecast -3, previous -5

Manufacturing activity in the Fifth District slowed in December, with the composite manufacturing index falling further into negative territory, from −5 in November to −11. This decline was reflected in drops across shipments, new orders, and employment. Despite a slight improvement, firms' outlook on local business conditions remained pessimistic. While most firms reported decreasing backlogs, vendor lead times saw their first positive reading since June 2022. Additionally, both current and expected price growth rates increased slightly in December.

26 May 2026, 07:39

Macro Calendar: Geopolitics in focus (25.05.2026)

25 May 2026, 06:58

Economic Calendar: The US, the UK, and parts of Europe will be closed for trading 💡 (25.05.2026)

22 May 2026, 17:15

🔴A New Era at the Fed: Kevin Warsh Takes the Helm. US30 above 50k

22 May 2026, 16:12

Is Waller echoing Warsh's stance? Keeping rates steady but pressing ahead with balance sheet reduction?

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