Investing.com - The Federal Reserve Bank of Richmond manufacturing index rose more-than-expected last month, official data showed on Tuesday.
In a report, Federal Reserve Bank of Richmond said that Richmond Manufacturing Index rose to a seasonally adjusted annual rate of 8, from 4 in the preceding month.
Analysts had expected Richmond Manufacturing Index to rise 5 last month.
In a report, Federal Reserve Bank of Richmond said that Richmond Manufacturing Index rose to a seasonally adjusted annual rate of 8, from 4 in the preceding month.
Analysts had expected Richmond Manufacturing Index to rise 5 last month.