The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas decreased by 4.4 points from the previous month to +4.6 in September 2021. The production index, a key measure of state manufacturing conditions, rose 3.4 points to +24.2, suggesting Texas factory activity continued to increase at a solid pace. Meanwhile, movement was mixed for other measures of manufacturing activity. While the shipments and capacity utilization indexes edged up to +18.7 and +24.5, respectively, the survey’s demand indexes slipped. The new orders index fell 6.1 points to +9.5, while the growth rate of orders index dropped 8.2 points to +2.5. Perceptions of broader business conditions were also mixed, with the company outlook index slipping into negative territory; while labor market measures indicated faster employment growth and longer workweeks. source: Federal Reserve Bank of Dallas
Dallas Fed Manufacturing Index in the United States averaged 2.94 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 October of 2021.
Dallas Fed Manufacturing Index in the United States is expected to be 11.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.