ECONODAY Chart Remix

From ECONODAY: Growth is slowing sharply this month in the Richmond Fed manufacturing sector, underscoring the even weaker results in last week's Mid-Atlantic report from the Philly Fed. The Richmond Fed's manufacturing index fell 10 points to 4 to indicate a slowing to only a slight rate of monthly growth. Shipments are flat this month and new orders show only minimal growth. Lack of growth in new orders together with what is a big contraction in backlog orders point to weakness for future shipments.

RICHMOND FED MANUFACTURING INDEX