“Fifth District manufacturing continued to expand in June, according to results of the most recent survey from the Richmond Fed,” the Federal Reserve Bank of Richmond reported on Tuesday. Key takeaways from the official publication The composite manufacturing index rose from 16 in May to 20 in June, buoyed by an increase in all three components (shipments, new orders, and employment). Respondents were optimistic in June, expecting growth to continue across most indicators. While survey results suggest a rise in employment in June, firms continued to struggle to find employees with the skills they needed, as this indicator fell from −3 in May to −14 in June, indicating further contraction. On balance, manufacturers reported that price increases accelerated in June. However, firms expect growth in both prices paid and prices received to slow in the next six months. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Moody’s: ECB’s gradual paring back of stimulus to lead to tighter financing conditions FX Street 3 years "Fifth District manufacturing continued to expand in June, according to results of the most recent survey from the Richmond Fed," the Federal Reserve Bank of Richmond reported on Tuesday. Key takeaways from the official publication The composite manufacturing index rose from 16 in May to 20 in June, buoyed by an increase in all three components (shipments, new orders, and employment). Respondents were optimistic in June, expecting growth to continue across most indicators. While survey results suggest a rise in employment in June, firms continued to struggle to find employees with the skills they needed, as this indicator fell from… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
