The index of business activity in the manufacturing sector of Richmond in December was worse than expected



According to a report by the Federal reserve Bank of Richmond (USA), the index of business activity in the manufacturing sector of Richmond in December dropped to 20 points against 30 in the previous month. Despite the decline, the index remained in positive territory, which indicates expansion of business activity in the region, but at a slower pace than in November.

Analysts predicted the decline in the December figure to 22 points.




The index of business activity in the manufacturing sector of Richmond in December was worse than expected 26.12.2017

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