The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

Richmond Fed US factory index jumps to highest since 2010

Published Tue, Mar 22, 2016 · 02:34 PM
Share this article.

[NEW YORK] A measure of manufacturing activity in the lower US Atlantic region rose in March to its strongest level in nearly six years, recovering from its weakest level in six months, the Richmond Federal Reserve said on Tuesday.

The Richmond Federal Reserve's composite factory index rose to +22 points in March from -4 in February.

The latest figure reached its highest level since +26 in April 2010.

The Richmond Fed manufacturing index covers activity in the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here