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 was unchanged at 17 in April 2021, indicating continued growth, as all three component indexes remained positive: shipments (16 vs 22 in March); new orders (16 vs 10); and employment (19 vs 22). Survey responses indicated supply constraints, with the backlog of orders and vendor lead time indexes registering historic highs. Meanwhile, inventories shrank as the indexes for inventories of finished goods and raw materials reached their lowest values on record. Looking ahead, manufacturers were optimistic that conditions would continue to improve in the coming months. source: Federal Reserve Bank of Richmond

Richmond Fed Manufacturing Index in the United States averaged 2.93 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 May of 2021.

Richmond Fed Manufacturing Index in the United States is expected to be 4.00 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
17.00 17.00 29.00 -53.00 1993 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
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 17 14 15
2021-04-27 02:00 PM Apr 17 17 19
2021-05-25 02:00 PM May 17 15
2021-06-22 02:00 PM Jun
2021-07-27 02:00 PM Jul
2021-08-24 02:00 PM Aug


News Stream
Fifth District Manufacturing Activity Grows in April
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 was unchanged at 17 in April 2021, indicating continued growth, as all three component indexes remained positive: shipments (16 vs 22 in March); new orders (16 vs 10); and employment (19 vs 22). Survey responses indicated supply constraints, with the backlog of orders and vendor lead time indexes registering historic highs. Meanwhile, inventories shrank as the indexes for inventories of finished goods and raw materials reached their lowest values on record. Looking ahead, manufacturers were optimistic that conditions would continue to improve in the coming months.
2021-04-27
US Fifth District Factory Index Improves from 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 rose to 17 in March of 2021 from a 7-month low of 14 reported in the previous two months. The shipments index increased sharply while the other two components, new orders and employment, held steady. Survey results suggested that manufacturers increased employment and wages in March. However, finding workers with the necessary skills remained difficult. Survey participants expected these trends to continue in the next six months.
2021-03-23
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

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.