US October Richmond Fed composite index -4 versus -17 last month

• Prior month
• Composite index -4 versus -17 last month
• Services index for 4 versus 1 last month.
• Manufacturing shipments 4 versus -20 last month

Details:

• Employment -10 versus -15 last month.
• Wages 15 versus 13 last month.
• Availability of skills needed -7 versus -2 last month

Prices:

• Prices paid 5.81 versus 7.22 last month.
• Prices received 3.04 versus 4.02 last month

Other.

• Shipments 4 versus -20 last month.
• New waters -6 versus -15 last month.
• Backlog of orders -16 versus -21 last month
• capacity utilization -10 versus -18 last month.
• Vendor leadtime 6 versus 10 last month.
• Local business conditions -1 versus -12 last month.
• Capital expenditures -10 versus -16 month month.
• Finished goods inventory 15 versus 11 last month.
• Raw material inventory 70 versus 70 last month.
• Equipment and software spending -10 versus -11 last month.
• Services expenditure -24 months versus -17 last month

Expectations

• Shipments: 13 vs 0 last month

• Volume of New Orders: 12 vs 8 last month

• Backlog of Orders: -12 vs -8 last month

• Capacity Utilization: 5 vs -10 last month

• Vendor Lead Time: 1 vs 1 last month

• Local Business Conditions: -5 vs -14 last month

• Capital Expenditures: 1 vs -7 last month

• Finished Goods Inventories: 4 vs 9 last month

• Raw Materials Inventories: 8 vs 7 last month

• Equipment & Software Spending: -6 vs -5 last month

• Services Expenditures: -17 vs -26 last month

Employment

• Number of Employees: 2 vs 4 last month

• Wages: 40 vs 48 last month

• Availability of Skills Needed: 4 vs -12 last month

Price Trends

• Prices Paid: 4.68 vs 6.47 last month

• Prices Received: 3.63 vs 4.74 last month

This article was written by Greg Michalowski at investinglive.com.