US Data: Richmond Fed Survey - Summary>

Release for:       November 2018

Source:  Federal Reserve Bank of Richmond

Diffusion indexes, seasonally adjusted

                                 Nov-18  Oct-18  Sep-18  Aug-18  Jul-18

MANUFACTURING SECTOR INDICATORS:

Now vs. a month ago:

 Manufacturing Index                 14      15      29      24      20

  Shipments                          12       7      33      23      16

  Volume of new orders               17      20      34      25      22

  Backlog of orders                  15      13      20      15       4

  Capacity utilization                9      20      20      18       8

  Vendor lead time                   35      23      32      35      17

  Local business conditions           5       8      27      13      18

  Capital expenditures               17      21      29      21      25

  Finished Goods Inventories          2       1       6       4      10

  Raw Materials Inventories           5      14      14      15      20

  Equipment and Software             19      16      20      19      18

  Services Expenditures               9      -1       5      12       6

  Number of employees                11      19      16      25      22

  Wages                              34      28      33      27      22

  Available Skills                  -26     -22     -11     -17     -16

  Average workweek                   11      16      19      16      10

Price trends:

 Current

  Prices paid                      4.70    5.68    3.47    3.31    3.54

  Prices received                  2.13    2.84    1.93    1.58    2.24

 Six months from now

  Prices Paid                      3.92    3.87    3.04    3.24    2.84

  Prices received                  2.60    2.66    2.37    2.63    2.74

SERVICE SECTOR INDICATORS:

 Now vs. one month ago:

  Revenues (or budget)                5      -1      18      31      23

Price trends:

 Current

  Prices paid                      3.38    4.07    2.69    2.03    2.75

  Prices received                  2.68    2.64    2.42    1.68    2.29

 Six months from now

  Prices Paid                      2.81    3.73    2.89    2.55    2.98

  Prices received                  2.31    2.99    2.55    2.19    2.55

Each index equals the percentage reporting increase minus the

 percentage reporting decrease.

All firms surveyed are located within the Fifth Federal Reserve

 District, which includes the District of Columbia, Maryland, North

 Carolina, South Carolina, Virginia, and most of West Virginia.

  ** MNI Washington Bureau (202) 371-2121 **

[TOPICS: MAUDA$, MAUZ7$]