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Richmond Fed Manufacturing Index

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Definition of 'Richmond Fed Manufacturing Index'

On the second Tuesday of each month the Federal Reserve Bank of Richmond release the results of a survey of indicators of business conditions within the fifth region’s manufacturing sector.

The survey provides participants’ knowledge of recent changes in manufacturing activity as well as insights into expected developments in six months. The survey is officially called the Fifth District Survey of Manufacturing Activity.

This monthly survey is sent to contacts whose firm type, firm size and location collectively match the profile of overall manufacturing in the Fifth District.

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