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To: yard_man who wrote (5386)	9/8/1998 6:04:00 PM
From: Joseph G.	Read Replies (1) of 86076

<<NEW YORK, Sept 8 (Reuters) - The Federal Reserve Bank of Richmond said on Tuesday its manufacturing shipments index fell to -2 in August from 18 in July. Here follows a breakdown of the Richmond Fed's monthly manufacturing and services survey by category: MANUFACTURING SURVEY August July June Shipments -2 18 -3 New Orders 11 7 5 Backlog Orders 4 1 -14 Number of Employees -5 2 -2 Average Workweek -1 1 2 Prices Received 0.50 -0.13 0.03 Prices Paid 0.68 1.13 0.58 SERVICES SURVEY August July June Service Revenues -11 16 10 Number of Employees -3 -3 2 Service Wage 20 18 30 Retail Revenues 1 14 17 Retail Employees 1 -18 -16 Retail Wage 18 21 23 Shopper Traffic -24 -20 17 Note -- Each index equals the percentage of responding firms reporting increases minus the percentage reporting decreases. Prices received and prices paid are in response to the question: ''What do you believe was the percentage price change in your industry on an annualized basis?''>>

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