U.S. Dallas Fed Mfg Business Index

USD
Actual
-14.5
Previous
-14.4
Latest Release
Apr 29, 2024
Importance
Source
Dallas Fed
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Apr 29, 2024 (Apr) 16:30 -14.5 -
-14.4
Mar 25, 2024 (Mar) 16:30 -14.4 -
-11.3
Feb 26, 2024 (Feb) 17:30 -11.3 -
-27.4
Jan 29, 2024 (Jan) 17:30 -27.4 -
-10.4
Dec 26, 2023 (Dec) 17:30 -9.3 -
-19.9
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