Richmond Fed regional manufacturing survey

  • Prior was -3
  • Shipments +15 vs -8 prior
  • Revenues +11 vs +2 prior
  • Capex +15 vs +15 prior
  • Number of employees +12 vs +7 prior
  • Wages +17 vs +16 prior
  • Prices paid 2.14% vs 1.76%

The numbers were released about a minute early. This is a solid sign for manufacturing and the US economy in one of the earliest views on May.

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