Richmond Fed Manufacturing Index Climbs And Beats Expectations

Sam Ro | May 28, 2013, 9:43 AM | 581 |

The May results of the Richmond Fed Manufacturing survey are out.

The headline number improved to -2 from -6 in April.

Economists were looking for a reading of -4.

This comes as other manufacturing surveys signals a stall in May.

Here's a tally from UBS's Sam Coffin:

UBS

Here's what those numbers would look like on the ISM's scale.  A reading below 50 signals contraction:

UBS

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