Manufacturing Sector Activity Improved; Shipments, New Orders, and Hiring Increased

Fifth District manufacturing activity improved in April, according to the most recent survey by the Federal Reserve Bank of Richmond. Shipments and the volume of new orders increased. Employment rose, while wages advanced at a slower rate. The average workweek was unchanged from a month ago. Manu…

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Manufacturing Sector Activity Improved; Shipments, New Orders, and Hiring Increased