The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas increased 10.2 points from the previous month to +17.2 in February 2021, the highest since a two-year high hit in October 2020. The production index, a key measure of state manufacturing conditions, surged 15.3 points to 19.9, indicating a sharp acceleration in output growth. Other measures of manufacturing activity also pointed to more rapid growth: new orders index (up 6.7 points to +13.0); the growth rate of orders index (up 5.7 points to +11.6); capacity utilization index (up 7.3 points to +16.5); and shipments (up 2.6 points to +16.1). Meanwhile, labor market measures indicated robust but slightly slower growth in employment and work hours. source: Federal Reserve Bank of Dallas

Dallas Fed Manufacturing Index in the United States averaged 2.15 points from 2004 until 2021, 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 March of 2021.

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 3.00 in 12 months time. In the long-term, the United States Dallas Fed Manufacturing Index is projected to trend around 3.00 points in 2022 and 5.00 points in 2023, according to our econometric models.

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United States Dallas Fed Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
17.20 7.00 47.80 -74.00 2004 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-30 03:30 PM Nov 12 19.8 7
2020-12-28 03:30 PM Dec 9.7 12 2
2021-01-25 03:30 PM Jan 7.0 10.5 4.5
2021-02-22 03:30 PM Feb 17.2 7.0 -30
2021-03-29 02:30 PM Mar 17.2
2021-04-26 02:30 PM Apr
2021-06-01 02:30 PM May
2021-06-28 02:30 PM Jun


News Stream
Texas Manufacturing Activity Picks Up in February
The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas increased 10.2 points from the previous month to +17.2 in February 2021, the highest since a two-year high hit in October 2020. The production index, a key measure of state manufacturing conditions, surged 15.3 points to 19.9, indicating a sharp acceleration in output growth. Other measures of manufacturing activity also pointed to more rapid growth: new orders index (up 6.7 points to +13.0); the growth rate of orders index (up 5.7 points to +11.6); capacity utilization index (up 7.3 points to +16.5); and shipments (up 2.6 points to +16.1). Meanwhile, labor market measures indicated robust but slightly slower growth in employment and work hours.
2021-02-22
Texas Manufacturing Activity Continues to Slow
The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 7 in January of 2021 from an upwardly revised 10.5 in December. The reading pointed to the lowest growth in factory activity in the current sequence of 6 months of growth, amid a sharp slowdown in production (4.6 vs 26.8), new orders (6.3 vs 19.6), orders (5.9 vs 15.9), shipments (13.5 vs 23.4) and employment (16.6 vs 20.9). Meanwhile, the company outlook index also stayed in positive territory but retreated to 10.3 from 18.2.
2021-01-25
Texas Manufacturing Activity Slows for 2nd Month
The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 9.7 in December of 2020 from 12 in November. The reading pointed to the 5th consecutive month of growth in factory activity although it was the second lowest rate in the current sequence of rising activity. Price and wage pressures accelerated in December and the future general business activity index moved down eight points to 17.6. On the other hand, the production index, a key measure of state manufacturing conditions, rebounded from 7.2 to 25.5, indicating an acceleration in output growth. The new orders index pushed up 11 points to 17.8, and the growth rate of orders index rose from 9.7 to 16.5. The capacity utilization index moved up 11 points to 17.7, and the shipments index advanced from 13.7 to 21.9.
2020-12-28
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

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.