Investing.com - The Federal Reserve Bank of Richmond manufacturing index rose less-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 3, from 6 in the preceding month.
Analysts had expected Richmond Manufacturing Index to rise 8 last month.
In a report, Federal Reserve Bank of Richmond said that Richmond Manufacturing Index rose to a seasonally adjusted annual rate of 3, from 6 in the preceding month.
Analysts had expected Richmond Manufacturing Index to rise 8 last month.