Dallas Fed Manufacturing Index
a.k.a. Texas Manufacturing Outlook Survey
A monthly survey of factory activity in Texas from the Federal Reserve Bank of Dallas.
In plain English
A monthly survey of factory activity in Texas from the Federal Reserve Bank of Dallas.
The Dallas Fed Manufacturing Index asks Texas manufacturers whether output, orders and hiring are rising or falling. Positive readings mean expansion.
Texas is a big energy state, so the survey can reflect oil-industry conditions. It is one of several regional Fed surveys traders use to guess at the national ISM numbers.
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