The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 12 in November of 2020 from a two-year high of 19.8 in October. Still, the reading pointed to the 6th consecutive month of growth in factory activity. The production index, a key measure of state manufacturing conditions, fell from 25.5 to 7.2, indicating a deceleration in output growth. Other measures of manufacturing activity also point to slower growth this month, as the indexes remained positive but came in below last month’s readings. The new orders index dropped 13 points to 7.2, and the growth rate of orders index fell five points to 9.7. The capacity utilization index dropped from 23.0 to 6.9, and the shipments index fell from 21.9 to 13.7. source: Federal Reserve Bank of Dallas

Dallas Fed Manufacturing Index in the United States averaged 2.01 points from 2004 until 2020, reaching an all time high of 47.80 points in June of 2004 and a record low of -74 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 December of 2020.

Dallas Fed Manufacturing Index in the United States is expected to be 2.00 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 6.00 in 12 months time. In the long-term, the United States Dallas Fed Manufacturing Index is projected to trend around 3.00 points in 2021 and 5.00 points in 2022, according to our econometric models.

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United States Dallas Fed Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
12.00 19.80 47.80 -74.00 2004 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-31 02:30 PM Aug 8.0 -3.0 -2
2020-09-28 02:30 PM Sep 13.6 8.0 5
2020-10-26 02:30 PM Oct 19.8 13.6 9.5
2020-11-30 03:30 PM Nov 12 19.8 7
2020-12-28 03:30 PM Dec 12 2
2021-01-25 03:30 PM Jan
2021-02-22 03:30 PM Feb
2021-03-29 02:30 PM Mar


News Stream
Texas Manufacturing Activity Slows from 2-Year High
The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 12 in November of 2020 from a two-year high of 19.8 in October. Still, the reading pointed to the 6th consecutive month of growth in factory activity. The production index, a key measure of state manufacturing conditions, fell from 25.5 to 7.2, indicating a deceleration in output growth. Other measures of manufacturing activity also point to slower growth this month, as the indexes remained positive but came in below last month’s readings. The new orders index dropped 13 points to 7.2, and the growth rate of orders index fell five points to 9.7. The capacity utilization index dropped from 23.0 to 6.9, and the shipments index fell from 21.9 to 13.7.
2020-11-30
Texas Manufacturing Activity at 2-Year High
The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose 6.2 points to a two-year high of +19.8 in October of 2020, as activity continues to recover from the coronavirus shock. The production index, a key measure of state manufacturing conditions, increased 3.2 points to +25.5, indicating a slight acceleration in output growth. Other measures of manufacturing activity also point to stronger growth this month: new orders (up 5.2 points to +19.9); growth rate of orders (up 1.1 points to +14.3); capacity utilization (up 5.5 points to 23); and shipments (up 0.4 points to +21.9). Labor market measures indicated continued but slower growth in employment and work hours. The employment index remained positive but fell 5.8 points to +8.7, suggesting less-robust hiring; while the hours worked index dropped 3.2 points to +3.7.
2020-10-26
Texas Manufacturing Activity at Near 2-Year High
The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas increased 5.6 points from the previous month to +13.6 in September 2020, the highest since November 2018, as activity continues to recover from the coronavirus shock. The production index, a key measure of state manufacturing conditions, increased 9.2 points to +22.3, its highest reading in two years. Other measures of manufacturing activity pointed to above-average growth: new orders (up 4.9 points to +14.7); growth rate of orders (up 1.4 points to +13.2); capacity utilization (up 6.6 points to 17.5). The shipments index dropped 1.8 points to +21.5. Labor market measures indicated stronger employment growth and a continued increase in workweek length.
2020-09-28
Texas Manufacturing Activity at 1-1/2-Year High
The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas increased 11.0 points from the previous month to 8.0 in August 2020, the highest since February 2019, as activity rebounded amid the easing of coronavirus lockdown restrictions. The production index, a key measure of state manufacturing conditions, came in at 13.1, down slightly from July but still indicative of moderate growth. Other measures of manufacturing activity also pointed to expansion this month: new orders (+2.9 points to 9.8); the growth rate of orders (+10.5 points to 11.8); shipments (+6.0 points to 23.3); and capacity utilization (-3.1 points to 10.9). The company outlook index registered a third consecutive positive reading, shooting up 10.7 points to 16.6, its highest reading in nearly two years. Labor market measures indicated solid growth in employment and workweek length.
2020-08-31

United States Dallas Fed Manufacturing Index
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. Texas produces around 9.5 percent of manufacturing output in US. The state ranks second behind California in factory production and first as an exporter of manufactured goods.