The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia held steady at 14 in February of 2021. It remained the lowest reading since July, but the activity remained in expansionary territory, as did all three of its component indexes: shipments (12 vs 10), new orders (10 vs 12), and employment (22 vs 23). Manufacturers were optimistic that conditions would improve in the coming months. source: Federal Reserve Bank of Richmond

Richmond Fed Manufacturing Index in the United States averaged 2.85 points from 1993 until 2021, reaching an all time high of 29 points in October of 2020 and a record low of -53 points in April of 2020. This page provides - United States Richmond Fed Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Richmond Fed Manufacturing Index - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Richmond Fed Manufacturing Index in the United States is expected to be 2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Richmond Fed Manufacturing Index in the United States to stand at 2.50 in 12 months time. In the long-term, the United States Richmond Fed Manufacturing Index is projected to trend around 2.50 points in 2022 and 3.00 points in 2023, according to our econometric models.

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United States Richmond Fed Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
14.00 14.00 29.00 -53.00 1993 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-24 03:00 PM Nov 15 29 17
2020-12-22 03:00 PM Dec 19 15 11
2021-01-26 03:00 PM Jan 14 19 11.5
2021-02-23 03:00 PM Feb 14 14 11
2021-03-23 02:00 PM Mar
2021-04-27 02:00 PM Apr
2021-05-25 02:00 PM May
2021-06-22 02:00 PM Jun


News Stream
US Richmond Fed Manufacturing Index Steady at 7-Month Low
The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia held steady at 14 in February of 2021. It remained the lowest reading since July, but the activity remained in expansionary territory, as did all three of its component indexes: shipments (12 vs 10), new orders (10 vs 12), and employment (22 vs 23). Manufacturers were optimistic that conditions would improve in the coming months.
2021-02-23
US Fifth District Factory Index at 6-Month Low
The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 14 in January from 19 in December. It was the lowest reading since July, but theactivity remained in expansionary territory, as did all three of its component indexes: shipments (10 vs 12), new orders (12 vs 24) and employment (23 vs 20). Overall, manufacturers were optimistic that conditions would continue to improve in the coming months.
2021-01-26
US Fifth District Factory Activity Strengthens in December
The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to 19 in December of 2020 from 15 in November, buoyed by increases in the indexes for new orders (24 vs 12) and employment (20 vs 13). On the other hand, the shipments index declined but remained positive (12 vs 20). Indexes for local business conditions and capital spending were also positive, and manufacturers were optimistic that conditions would improve in the coming months.
2020-12-22
5th District Factory Activity Continues to Expand
The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 15 in November of 2020 from 29 in October, reaching the lowest in 4 months. Still, it remained firmly in expansionary territory, as all three component indexes - shipments (20 vs 30), new orders (12 vs 32), and employment (13 vs 23) - had positive readings. Manufacturers reported improvement in local business conditions, but the spending indexes softened somewhat. Survey participants were optimistic about the future, expecting growth to continue in the coming months.
2020-11-24

United States Richmond Fed Manufacturing Index
The Richmond Manufacturing Index measures the conditions of the manufacturing sector for the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. The index is derived from a survey of 190 manufacturing plants and based on three individual index with the following weights: Shipments (33 percent), New Orders (40 percent) and Employment (27 percent). The index can range between +100 and -100; a reading above zero indicates expansion, while below zero suggests a contraction.