The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to +8.1 in December 2021 from +11.8 in the previous month, still pointing to improving perceptions of broader business conditions. Meanwhile, the production index, a key measure of state manufacturing conditions, held fairly steady at +26.7, a reading indicative of solid output growth. Also, the new orders index dipped slightly to +18.1, still far above the series average of +6.7, while the growth rate of orders index edged down but remained elevated at +13.4. The shipments index ticked down to +19.1, while the capacity utilization index inched up to +27.8. Labor market measures indicated robust employment growth and longer workweeks. source: Federal Reserve Bank of Dallas
Dallas Fed Manufacturing Index in the United States averaged 3.06 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 January of 2022.
Dallas Fed Manufacturing Index in the United States is expected to be 9.50 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.