Richmond Fed composite index for November -14 versus -10 estimate

• Prior month -14
• Composite index -14 versus -10 estimatexx.
• Companies index 9 vs Three final month
• Manufacturing shipments -12 vs -Eight final month

Different particulars:

• Employment -10 vs -17 final month. Higher however nonetheless destructive.
• Wages 17 vs 16 final month. Marginally greater.
• Costs paid 2.48 vs 2.70 final month. Decrease.
• Costs acquired 2.07 vs 1.71 final month. Larger
• New orders -19 vs -17 final month. Decrease.
• Backlog of orders -27 vs -14 final month. Decrease
• Capability utilization -15 vs -11 final month. Decrease
• Capital expenditures zero vs -23 final month. Larger.
• Companies expenditure -20 vs -22 final month Larger however stil destructive
• Completed items inventories 29 vs 17 final month. Larger inventories (weaker)
• Uncooked supplies stock 13 vs 12 final month. Little modified
• Gear and software program spending -1 vs -21 final month. Larger

Total, the information is pointing to the draw back however there’s a long run tilt greater when you have a look at the Three-month averages (within the charts) .

expectations 6 month ahead:

• Shipments 33 versus 22 final month
• new orders 37 versus 35 final month.
• Backlog of orders 10 versus eight final month.
• Capability utilization 25 versus 23 final month.
• Capital expenditures -12 versus -6 final months.
• Completed items inventories seven versus 4 final month
• uncooked materials inventories one versus 5 final month.
• Gear and software program spending -12 versus -10 final month.
• Companies expenditures -19 versus -18 final month
• Workers -Three versus 4last month
• costs paid 2.61 versus 2.72 final month
• costs acquired 2.2 versus 1.four final month
• wages 51 versus 47 final month

This text was written by Emma Wang at www.ubaidahsan.com.



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