The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 12 in November of 2020 from a two-year high of 19.8 in October. Still, the reading pointed to the 6th consecutive month of growth in factory activity. The production index, a key measure of state manufacturing conditions, fell from 25.5 to 7.2, indicating a deceleration in output growth. Other measures of manufacturing activity also point to slower growth this month, as the indexes remained positive but came in below last month’s readings. The new orders index dropped 13 points to 7.2, and the growth rate of orders index fell five points to 9.7. The capacity utilization index dropped from 23.0 to 6.9, and the shipments index fell from 21.9 to 13.7. source: Federal Reserve Bank of Dallas
Dallas Fed Manufacturing Index in the United States averaged 2.01 points from 2004 until 2020, reaching an all time high of 47.80 points in June of 2004 and a record low of -74 points in April of 2020. This page provides the latest reported value for - United States Dallas Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Dallas Fed Manufacturing Index - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Dallas Fed Manufacturing Index in the United States is expected to be 2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Dallas Fed Manufacturing Index in the United States to stand at 6.00 in 12 months time. In the long-term, the United States Dallas Fed Manufacturing Index is projected to trend around 3.00 points in 2021 and 5.00 points in 2022, according to our econometric models.