États-Unis Richmond-Fed-Fabrication-Index

The composite manufacturing index in the US Fifth District fell to -4 in March 2025 from +6 in the prior month and defying market expectations of +8. This signals a fresh downturn in the manufacturing sector, led by a notable drop, from 12 to -7, in the shipments index. Of its other two component indexes, new orders decreased slightly to -4, and employment fell to -1 from 9. The local business conditions index fell from -5 in February to -13 in March, while the future local business conditions index dropped sharply from 2 to -22. The future shipment index decreased from 13 to 7, and the future new orders index edged down to 6. The vendor lead time index rose to 12 in March, and the backlog of orders index increased from -6 to -1. The average growth rate of prices paid saw a notable increase, while the growth rate of prices received rose, but at a slower pace. Firms expect stronger price increases for inputs and some growth in prices received over the next 12 months.