“Manufacturing activity in the central Atlantic region expanded in March for the fourth straight month, but at a more temperate pace than a month ago,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond.

“All broad indicators — including shipments, new orders, and employment — continued to grow but at a rate below February’s pace,” it said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.