The Federal Reserve Bank of Dallas’ general business activity index for manufacturing in Texas increased to -14.4 in November of 2022 from -19.4 in the prior month. The prices paid for raw materials index fell sharply to 22.6 from 32 in October, supporting lower inflation for prices received for finished goods (13.9 vs 22.2). On the other hand, the production index, a key measure of state manufacturing conditions, fell to 0.8 points from 6 in the prior month, suggesting further deceleration in output growth. Also, the new orders index sank to -20.9 from -8.8, recording the sixth negative month in a row and consequently driving finished goods inventories to rebound to 2.2 from -12.6. Still, optimism for the future prevailed, as the future production index increased to 8.9 from 3.1, while expected new orders rebounded to 4.5 from -4.5. source: Federal Reserve Bank of Dallas
Dallas Fed Manufacturing Index in the United States averaged 2.53 points from 2004 until 2022, reaching an all time high of 48.00 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 November of 2022.
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 5.00 points in 2023, according to our econometric models.