Estados Unidos Índice de Manufatura Richmond

The composite manufacturing index in the US Fifth District was at -14 in October of 2024, pointing to less pessimism than the -21 in the previous month, but completing twelve consecutive negative figures to mark a whole year of declining activity. The slight improvement was owed to a slowdown in the decline of new orders (-17 vs -23 in September), driving another decline in shipments (-8 vs -18) despite another month of depletion in the backlog of orders (-14 vs -16). In the meantime, capital expenditures accelerated their downturn (-23 vs -13) and the number of employees continued to decline (-17 vs -22), although wages accelerated (16 vs 15). On the price front, input costs decelerated (2.7 vs 3.4), but manufacturers still raised their output charges at a higher magnitude (1.7 vs 1.6).