Dallas Fed Manufacturing Index Falls To Its Lowest Level Since June 2023

Dallas Fed Manufacturing Index Falls To Its Lowest Level Since June 2023

Key Insights

  • Dallas Fed Manufacturing Index decreased from -10.4 in December to -27.4 in January. 
  • Production Index decreased from 1.2 to -15.4.
  • New Orders Index declined from -10.1 to -12.5.

On January 29, the Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report for January.

The report indicated that Dallas Fed Manufacturing Index declined from -10.4 (revised from -9.3) to -27.4, compared to analyst consensus of -23.

Production Index declined from 1.2 in December to -15.4 in January, while New Orders Index decreased…
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