Richmond Fed
  • Prior month -19
  • Services index -1 vs -11 last month
  • Manufacturing shipments -18 vs -15 last month.

Other details:

  • Employment -22 versus -15 last month
  • Wages 15 versus +14 last month
  • Prices paid 3.36 versus 2.45 last month
  • Prices received 1.57 versus 1.87 last month
  • New orders -23 versus -26 last month
  • Backlog of orders -16 versus -27 last month
  • Capacity utilization -20 versus -17 last month
  • Capital expenditures -13 versus -14 last month
  • Services expenditure -17 versus -12 last month
  • Finished goods inventories 20 versus 16 last month.
  • Raw materials inventory is 12 versus 18 last month.
  • Equipment and software spending money 13 versus -13 last month

US stocks have moved lower and yields are off their highs as well with a combination of the Richmond Fed and consumer confidence data:

  • S&P index -0.19%
  • NASDAQ index -0.23%
  • two year yield 3.563%, -1.1 basis points
  • 10 year yield 3.764%, +2.6 basis points