FX.co ★ U.S. Richmond Manufacturing Index Slips Deeper into Contraction in February

The Richmond Manufacturing Index for the United States weakened further in February 2026, underscoring persistent headwinds in the regional factory sector. The indicator fell to -10 in February from -6 in January 2026, according to data updated on 24 February 2026.

The move deeper into negative territory signals that more manufacturers in the Richmond Federal Reserve district are reporting deteriorating conditions rather than improvement. While no additional details were provided, the decline suggests that the sector is experiencing a sharper contraction than at the start of the year, keeping pressure on output and sentiment in this key industrial region.