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RICHMOND FED MANUFACTURING SURVEY BEATS

Rob WileJul 22, 2014, 19:31 IST

The Richmond Federal Reserve said its latest manufacturing survey showed a reading of 7.

Consensus was for a reading of 5, up from 3 in June.

Manufacturing employment advanced nine points to a reading of 13. New orders and shipments were also higher. Capacity utilization was lower.

Here's what it's looked like recently:

Richmond Fed