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Dallas Fed Manufacturing Index Slides In September, Missing Analyst Estimates

Key Insights

  • Dallas Fed Manufacturing Index decreased from -17.2 in August to -18.1 in September. 
  • Production Index increased from -11.2 to +7.9.
  • New Orders Index grew from -15.8 to -5.2.

On September 25, the Federal Reserve Bank of Dallas released Dallas Fed Manufacturing Index report. The report indicated that Dallas Fed Manufacturing Index declined from -17.2 in August to -18.1 in September, compared to analyst consensus of -10.

Production Index improved from -11.2 in August to +7.9 in September, while New Orders Index increased from -15.8 to -5.2. Capacity Utilization…
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