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#manufacturingindex — Public Fediverse posts

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  1. In February, the US Consumer Confidence fell to 106.7, below expectations of 114.8, and lower than the previous reading of 110.9. The Richmond Manufacturing Index declined to -5, which, while still negative, outperformed the consensus of -9. Additionally, Richmond Manufacturing Shipments remained at -15. The Richmond Services Index dropped to -16, signaling a contraction in the services sector. #USD #ConsumerConfidence #ManufacturingIndex #Richmond #EconomicIndicators

  2. In the US, the Philadelphia Fed Manufacturing Index for February rebounded to 5.2, surpassing both the forecasted -8.0 and the previous reading of -10.6. #US #PhiladelphiaFed #ManufacturingIndex

  3. US Weekly jobless claims are forecasted to reach 219K, with the New York manufacturing index expected at -13.7 points and the Philadelphia Fed manufacturing index at -8 points. Industrial production is projected to rise by 0.2% on a monthly basis, with a capacity utilization rate of 78.8%.
    #US #EconomicIndicators #RetailSales #JoblessClaims #ManufacturingIndex #IndustrialProduction #Fed #Inflation #Wages

  4. Today in the US, Core retail sales are anticipated to increase by 0.2% month-on-month, while overall retail sales are expected to decline by 0.2% month-on-month. Market observers will closely monitor spending trends amid robust employment and economic growth. Any signs of wage-inflation pass-through could prompt more hawkish remarks from the Fed, as rising wages may fuel price pressures. #US #EconomicIndicators #RetailSales #JoblessClaims #ManufacturingIndex #IndustrialProduction #Fed #Inflation