posted on 27 January 2015
Of the four regional Federal Reserve surveys released to date, all show manufacturing expanding (although one barely expanding). A complete summary follows. The market expected this survey index at 4 to 8 (consensus 5.5) versus the 6 actual [note that values above zero represent expansion].
Read entire source document from Richmond Fed
Summary of all Federal Reserve Districts Manufacturing:
z philly fed1.PNG
New York Fed:
Federal Reserve Industrial Production:
Holding this and other survey's Econintersect follows accountable for their predictions, the following graph compares the hard data from Industrial Products manufacturing subindex (dark blue bar) and US Census manufacturing shipments (lighter blue bar) to the Richmond Fed Survey (dark green bar).
Comparing Surveys to Hard Data
In the above graphic, hard data is the long bars, and surveys are the short bars. The arrows on the left side are the key to growth or contraction.
>>>>> Scroll down to view and make comments <<<<<<
Permanent link to most recent post on this topic
Econintersect Economic Releases
|.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet|
|Asia / Pacific|
|Middle East / Africa|
This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved