- Prior month -5.00
- Dallas Fed manufacturing enterprise index for November -10.4
Particulars Of the Texas Manufacturing Outlook Survey — November Abstract
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Manufacturing unit exercise accelerated sharply; manufacturing index +15 to twenty.5 (sturdy pickup).
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New orders turned constructive: 4.8 vs. -1.7 prior.
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Capability utilization jumped +21 to 19.4.
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Shipments rose +9 to fifteen.1 (quicker progress).
Labor Market
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Employment index unchanged at 1.2 → flat headcount (17% hiring, 16% layoffs).
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Hours labored elevated: 9.9, up 15 factors (longer workweeks).
Costs & Wages
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Uncooked supplies costs: 35.3, up barely.
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Completed items costs: 10.8, up from 7.7.
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Wages & advantages: 15.4, regular and under common.
Future Expectations (6 months forward)
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Future manufacturing surged to 33.7 from 21.0.
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Future common enterprise exercise edged as much as 11.
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Most forward-looking indexes strengthened, signaling expectations for elevated exercise.
The excessive for the 12 months was in January at 14. Since then aside from a one month spike above 0 in July to 0.9, the index has been unfavourable.
This text was written by Greg Michalowski at investinglive.com.
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