4:02 PM · 27 December 2023

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.

16 October 2025, 6:56 PM

Daily summary: indexes edge lower into the close, gold tests $4,300 💰

16 October 2025, 5:05 PM

Breaking: crude oil inventories above expectations 📌

16 October 2025, 4:31 PM

Fed officials favor continued monetary easing 🔎

16 October 2025, 3:36 PM

BREAKING: NATGAS declines after EIA data 📌

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