By Jill Mislinski
Fifth District manufacturing activity slowed in December, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite index fell to -5 in December from -1 in November. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of trends, and this is now at 0.7, which indicates expansion. The complete data series behind today's Richmond Fed manufacturing report, which dates from November 1993, is available here.
Here is a snapshot of the complete