The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia was unchanged at 17 in April 2021, indicating continued growth, as all three component indexes remained positive: shipments (16 vs 22 in March); new orders (16 vs 10); and employment (19 vs 22). Survey responses indicated supply constraints, with the backlog of orders and vendor lead time indexes registering historic highs. Meanwhile, inventories shrank as the indexes for inventories of finished goods and raw materials reached their lowest values on record. Looking ahead, manufacturers were optimistic that conditions would continue to improve in the coming months. source: Federal Reserve Bank of Richmond
Richmond Fed Manufacturing Index in the United States averaged 2.93 points from 1993 until 2021, reaching an all time high of 29 points in October of 2020 and a record low of -53 points in April of 2020. This page provides - United States Richmond Fed Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Richmond Fed Manufacturing Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Richmond Fed Manufacturing Index in the United States is expected to be 4.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Richmond Fed Manufacturing Index in the United States to stand at 2.50 in 12 months time. In the long-term, the United States Richmond Fed Manufacturing Index is projected to trend around 2.50 points in 2022 and 3.00 points in 2023, according to our econometric models.