BREAKING: Fed Richmond Index slumps unexpectedly 📉

Richmond Fed Composite Index:

Actual -20
Forecast -2,
Previous -8 (revised from -7)

Fifth District manufacturing activity worsened in July, with the composite index dropping to -20 from -8. Shipments, new orders, and employment all declined, with the composite hitting the lowest since September 2024.

Despite current weakness, future outlooks for shipments and new orders improved, though future employment expectations weakened. Vendor lead times and order backlogs fell, while price growth rates moderated, with firms expecting stable input costs and rising prices received over the next year.

Despite a negative suprpise, the small-cap Russell 2000 rebounds from earlier losses after data release. Source: xStation5

6 March 2026, 6:59 PM

Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher

6 March 2026, 5:51 PM

Oil surges 11% amid escalating Middle-East conflict 📈VIX gains driven by fear on Wall Street

6 March 2026, 5:33 PM

BREAKING: Iran signals Europe will be 'a legitimate target' if EU joins war

6 March 2026, 5:17 PM

Bitcoin loses the momentum again 📉Ethereum slides 5%

Indices
Economic reports

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