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.