199 days ago • Posted by Charles-Henry Monchau

The "K-shape" recovery: Richmond Fed smashes expectations, hits record high

The K-shaped recovery continues, and even as some states seeing a sharp pullback in economic conditions, others are thriving. The mid-Atlantic states that comprise the Richmond Fed district are among the latter, and in fact according to the latest Richmond Fed manufacturing index, conditions have never been better with the index hitting the highest in its post-1993 record - source: Bloomberg, www.zerohedge.com 

U.S Richmond Fed manufacturing index