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U.S. Dallas Fed Mfg Business Index

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U.S. Dallas Fed Mfg Business Index

Frequency

Delivery Method

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Status

 
Latest Release
Oct 28, 2024
Actual
-3.0
Previous
-9.0
The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state factory activity. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero,suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease.
A higher than expected reading should be taken as positive/bullish for the USD , while a lower than expected reading should be taken as negative/bearish for the USD.
Importance:
Country:
Currency: USD
Source: Dallas Fed
U.S. Dallas Fed Mfg Business Index
 
Release Date Time Actual Forecast Previous
Nov 25, 2024 (Nov) 10:30     -3.0
Oct 28, 2024 (Oct) 09:30 -3.0   -9.0
Sep 30, 2024 (Sep) 09:30 -9.0 -4.5 -9.7
Aug 26, 2024 (Aug) 09:30 -9.7   -17.5
Jul 29, 2024 (Jul) 09:30 -17.5   -15.1
Jun 24, 2024 (Jun) 09:30 -15.1   -19.4

News

Analysis

Kathy Lien
5 Reasons Why This Is A Big Week In FX By Kathy Lien - Sep 24, 2018

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.This is a very busy week for the foreign-exchange market and while we’re off to a slow start, trading ranges will widen...

Dallas Fed Mfg Business Index Discussion

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