WASHINGTON (MarketWatch)
The Richmond Federal Reserve said manufacturing
activity in its six-state region increased in January, mirroring improvements
seen in similar regional indexes
The bank said its current-activity index rose
to 12 from 3, with most companies expecting business to improve over the next
six months
The new-orders index doubled to 14 from 7 and the hiring index
climbed 3 points to 20
In addition, the index measuring expected orders over
the next six months rose 11 points to 32
The Richmond Fed's region stretches
from Maryland to South Carolina
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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