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Dallas Fed Manufacturing Index Falls As Factory Activity Contracts

Key Insights

  • Dallas Fed Manufacturing Index decreased from -19.2 in October to -19.9 in November. 
  • Production Index pulled back from 5.2 in October to -7.2 in November. 
  • New Home Sales declined by 5.6% month-over-month in October. 

On November 27, the Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report. The report indicated that Dallas Fed Manufacturing Index declined from -19.2 in October to -19.9 in November, compared to analyst consensus of -17.

Production Index declined from 5.2 in October to -7.2 in November, while New Orders Index decreased…
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