- 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.

Economic Calendar: Canada's CPI print takes center stage 💡
Morning Wrap: Fragile, but still. Investors are confident that U.S.-Iran talks are making progress⏰
Daily Summary: End of an Extremely Intense Week (19.06.2026)
Economic Calendar: Liquidity Overshadowed by Juneteenth (19.06.2026)