United States Dallas Fed Manufacturing Index

Discussion in 'Market News' started by Jonathan, Oct 7, 2015.

  1. Jonathan

    Jonathan Forum Member

    Aug 29, 2015
    Likes Received:
    The Dallas Fed Manufacturing Index improved to -9.5 in September from -15.8 in August of 2015, but remained negative for a ninth consecutive month. The production index, a key measure of state manufacturing conditions, remained near zero (0.9); while capacity utilization index (4.9 from -0.2) and shipments index (0.9 from -3) turned positive. The indexes of new orders and the growth rate of orders increased, but still remained in negative territory. The employment gauge posted a fifth consecutive negative reading, falling to -6.1. The indexes of future general business activity and future company outlook edged one point further into positive territory. Indexes for future manufacturing activity moved down modestly but remained strongly positive. Dallas Fed Manufacturing Index in the United States averaged 1.16 Index Points from 2004 until 2015, reaching an all time high of 47 Index Points in June of 2004 and a record low of -60.20 Index Points in February of 2009. Dallas Fed Manufacturing Index in the United States is reported by the Federal Reserve Bank of Dallas. The Dallas Fed Manufacturing Index measures the performance of manufacturing sector in the state of Texas. The index is derived from a survey of around 100 business executives and tracks variables such as output, employment, orders and prices. A reading above 0 indicates an expansion of the factory activity compared to the previous month; below 0 represents a contraction; while 0 indicates no change. This page provides the latest reported value for - United States Dallas Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

    Continue reading...

Share This Page

free forex signals