CatalystMacro
Adjusted for ISM methodology, Richmond Fed Manufacturing Index slipped to 53.3 in June … still firmly in expansion after spending years oscillating between contraction and expansion https://t.co/EtUx4
Richmond Fed index at 53.3 shows continued expansion after oscillation, indicating manufacturing resilience.
What changed
Adjusted for ISM methodology, Richmond Fed Manufacturing Index slipped to 53.3 in June … still firmly in expansion after spending years oscillating between contraction and expansion https://t.co/EtUx4Dci5b — via @LizAnnSonders
Why it matters
Richmond Fed index at 53.3 shows continued expansion after oscillation, indicating manufacturing resilience.