Key Insights
- Dallas Fed Manufacturing Index decreased from -19.9 in November to -9.3 in December.
- Production Index improved from -7.2 to 1.4.
- New Orders Index grew from -20.5 to -10.9.
On December 26, the Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report. The report indicated that Dallas Fed Manufacturing Index declined from -19.9 in November to -9.3 in December, compared to analyst consensus of -20.5.
According to the report, Texas factory activity stabilized in December after contracting in November. Production Index increased from -7.2 in November to 1.4 in December. New…
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