October 2013 updated release of economic survey results for Federal Reserve Bank of Richmond (Fifth District)

1. Fifth District Manufacturing Survey
Diffusion Index
3-month Average
30
20
10
0
-10
-20
-30
-40
-50
2003
2004
2005
2006
Composite Index
2007
2008
2009
New Orders Index
2010
2011
2012
2013
2014
Shipments Index
Source: Bureau of Labor Statistics/Haver Analytics
38

2. Fifth District Manufacturing Survey
Diffusion Index
3-month Average
20
10
0
-10
-20
-30
-40
-50
2003
2004
2005
2006 2007 2008
Composite Index
2009 2010 2011
Employment Index
2012
2013
Source: The Federal Reserve Bank of Richmond
2014
39

3. Fifth District Service Sector Survey
Diffusion Index
3-month Average
30
20
10
0
-10
-20
-30
-40
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Service Sector Revenues Index
Source: The Federal Reserve Bank of Richmond
40

4. Fifth District Service Sector Survey—Retail
Diffusion Index
3-month Average
30
20
10
0
-10
-20
-30
-40
2003
2004
2005
2006
2007
2008
Retail Revenues Index
2009
2010
2011
2012
2013
2014
Retail Employment Index
Source: The Federal Reserve Bank of Richmond
41

5. Fifth District Service Sector Survey—
Non-Retail
Diffusion Index
3-month Average
30
20
10
0
-10
-20
-30
-40
2003
2004
2005
2006
2007
2008
Non-retail Revenues Index
2009
2010
2011
2012
2013
2014
Non-retail Employment Index
Source: The Federal Reserve Bank of Richmond
42

6. Survey Comparison
Richmond Manufacturing Survey and ISM Manufacturing Survey
40
70
30
65
20
60
10
55
0
50
-10
45
-20
40
-30
35
-40
30
-50
25
-60
2003
2004
2005
2006
2007
2008
2009
Richmond Manufacturing Survey (Left Axis)
2010
2011
2012
2013
20
2014
ISM Manufacturing (Right Axis)
Source: Federal Reserve Bank of Richmond/Institute of Supply Management
43

7. Survey Comparison
Richmond Service Sector Survey and ISM Nonmanufacturing Survey
40
65
30
60
20
55
10
0
50
-10
45
-20
40
-30
-40
2003
2004
2005
2006
2007
2008
2009
Richmond Service Sector Survey (Left Axis)
2010
2011
2012
2013
35
2014
ISM Nonmanufacturing (Right Axis)
Source: Federal Reserve Bank of Richmond/Institute of Supply Management
44