US Richmond Fed composite index +4 vs +13 prior

  • US Richmond Fed services index -1 vs +14 prior
  • Manufacturing shipments +3 vs +16 prior
  • Services index -1 vs +14 prior
  • Number of employees -1 vs +3 prior
  • both
    shipments and new orders remained in
    positive territory
  • The average growth rate of prices paid
    increased notably while growth in prices
    received increased somewhat in June

This is a setback after some recent positive momentum.

This article was written by Adam Button at investinglive.com.

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