Usa: Fed Richmond manufacturing index down sharply in August

The index measuring manufacturing activity in the US Richmond District fell sharply in August.
This is what the latest survey carried out by the Richmond Fed shows, which it published on its website. The index collapsed to -10 points from -1 in July, thus marking a figure below the expectations of analysts who instead had foreseen a -5. This is the worst figure since June 2009. Among the components of the index, deliveries fell sixteen points and slipped to -17, new orders fell six points to -11 and the jobs index lost three points, dropping to -1.