The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas increased 8.4 points from the previous month to 37.3 in April 2021, the highest since June 2018. The new orders index rose eight points to 38.5, and the growth rate of orders index climbed 10 points to 32.3. Both readings were the highest in the survey’s 17-year history. The capacity utilization index remained high, slipping to 34.6 from 46.1; and the shipments index held steady at 32.6. The production index, a key measure of state manufacturing conditions, fell 14 points to 34.0, a reading still well above average and indicative of robust output growth. The employment index jumped to 31.3, its highest reading since the survey began in 2004. source: Federal Reserve Bank of Dallas
Dallas Fed Manufacturing Index in the United States averaged 2.48 points from 2004 until 2021, reaching an all time high of 48 points in June of 2004 and a record low of -72.20 points in April of 2020. 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. United States Dallas Fed Manufacturing Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Dallas Fed Manufacturing Index in the United States is expected to be 28.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Dallas Fed Manufacturing Index in the United States to stand at 17.00 in 12 months time. In the long-term, the United States Dallas Fed Manufacturing Index is projected to trend around 10.00 points in 2022 and 5.00 points in 2023, according to our econometric models.