Macro Monday 35~Richmond Fed Manufacturing and Services IndexMacro Monday 35
Richmond Fed Manufacturing and Services Index
(Released Tuesday 27th Feb 2024 @ 15:00 GMT or 9:00 CT)
The Richmond Manufacturing and Services Indexes measures the conditions of each respective industry for the 5th Federal Reserve District which covers the District of Columb
Key data points
Last release
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Observation period
Mar 2025
Next release
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Forecast
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Highest
28.00 POINT on Sep 30, 2018
Lowest
−55.00 POINT on Apr 30, 2020
About 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.