The Richmond Fed which stretches from Maryland to South Carolina is generally not viewed as a key economic report, but it always gives the earliest insight into manufacturing for the current month. Heck, even some economists that I follow don't bother estimating the index each month.
For some reason, the Richmond Fed website isn't working so I had to pull this data from another report.
- shipment index showed the most impressive performance January, soaring by 14 points from December to 17.
- employees index jumped eight points, to 4, from a negative reading in the previous month.
- new orders index doubled to 14 from its December showing.
- current prices paid index rose to 2.53, up from December's reading of 1.55