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. source: Federal Reserve Bank of Richmond

Richmond Fed Manufacturing Index in the United States averaged 2.73 points from 1993 until 2020, 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 December of 2020.

Richmond Fed Manufacturing Index in the United States is expected to be -3.00 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 3.00 in 12 months time. In the long-term, the United States Richmond Fed Manufacturing Index is projected to trend around 2.50 points in 2021 and 3.00 points in 2022, according to our econometric models.

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United States Richmond Fed Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
15.00 29.00 29.00 -53.00 1993 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-25 02:00 PM Aug 18 10 1
2020-09-22 02:00 PM Sep 21 18 10
2020-10-27 02:00 PM Oct 29 21 15.1
2020-11-24 03:00 PM Nov 15 29 17
2020-12-22 03:00 PM Dec 15 11
2021-01-26 03:00 PM Jan 19
2021-02-23 03:00 PM Feb
2021-03-23 02:00 PM Mar
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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
US Fifth District Factory Index Rises to Record High in October
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 +29 in October of 2020 from +21 in the previous month. It was the highest reading on record, buoyed by increases in the shipments (30 vs 13 in September) and new orders (32 vs 27) indexes, while the employment index was unchanged at 23. Firms reported improving business conditions and growing backlogs of orders, overall. Manufacturers were optimistic that conditions would continue to improve in the coming months.
2020-10-27
US Fifth District Factory Index at 2-Year High
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 increased to +20 in September of 2020 from +18 in the previous month. It was the highest reading since September 2018, buoyed by increases in the indicators for new orders and employment. The third component index—shipments— decreased but remained positive, suggesting continued expansion. Survey results also reflected improvement in local business conditions and increased capital spending. Overall, respondents were optimistic that conditions would continue to improve in the next six months.
2020-09-22
US Fifth District Factory Activity Strengthens in August
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 increased to +18 in August of 2020 from +10 in the previous month. It was the highest reading since January, as all three components shipments, new orders, and employment increased. The index for local business conditions also rose and many firms reported increased capital expenditures. Manufacturers were optimistic that conditions would continue to improve.
2020-08-25

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.