Economic Brief
The Richmond Fed Manufacturing and Service Sector Surveys: A User's Guide
The Richmond Fed conducts monthly surveys of business conditions in the manufacturing and service sectors of the Fifth Federal Reserve District. This article provides background information on these surveys and on other manufacturing and service sector surveys.
Additional Resources
Bachman, Daniel, "The Information Content of the ISM Purchasing Managers' Survey," U.S. Department of Commerce, August 3, 2010.
Deitz, Richard, and Charles Steindel, "The Predictive Abilities of the New York Fed's Empire State Manufacturing Survey," Federal Reserve Bank of New York Current Issues in Economics and Finance, January 2005, vol. 11, no. 1.
Fifth District Survey of Manufacturing Activity
Fifth District Survey of Service Sector Activity
Harris, Matthew, Raymond E. Owens, and Pierre-Daniel G. Sarte, "Using Manufacturing Surveys to Assess Economic Conditions," Federal Reserve Bank of Richmond Economic Quarterly, Fall 2004, vol. 90, no. 4, pp. 65–92.
Keeton, William R., and Michael Verba, "What Can Regional Manufacturing Surveys Tell Us? — Lessons from the Tenth District," Federal Reserve Bank of Kansas City Economic Review, Third Quarter 2004, pp. 39-69.
Lacey, Robert L., "Gauging Manufacturing Activity: The Federal Reserve Bank of Richmond's Survey of Manufacturers," Federal Reserve Bank of Richmond Economic Quarterly, Winter 1999, vol. 85, no. 1, pp. 79-98.
Owens, Raymond E., and Pierre-Daniel G. Sarte, "How Well Do Diffusion Indexes Capture Business Cycles? A Spectral Analysis," Federal Reserve Bank of Richmond Economic Quarterly, Fall 2005, vol. 91, no. 4, pp. 23-42.
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