3:00 PM · 28 May 2025

BREAKING: Richmond Fed in line with markets expectations

Richmond Fed Composite Index: -9 (Forecast -9, Previous -13)

The Federal Reserve Bank of Richmond's May 2025 manufacturing survey shows the Fifth District's manufacturing sector continued to contract but at a slower pace, with the composite index improving from -13 to -9. While current conditions remain weak, manufacturers are more optimistic about the six-month outlook, and price pressures stayed relatively stable.

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