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United States Dallas Fed Manufacturing IndexUnited States Dallas Fed Manufacturing IndexUnited States Dallas Fed Manufacturing Index

United States Dallas Fed Manufacturing Index

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About United States Dallas Fed Manufacturing Index

Category
Business
Source
Federal Reserve Bank of Dallas
Frequency
Monthly
Units
POINT
The Dallas Fed Manufacturing Index measures the performance of manufacturing sector in the state of Texas. The index is derived from a survey of around 100 business executives and tracks variables such as output, employment, orders and prices. A reading above 0 indicates an expansion of the factory activity compared to the previous month; below 0 represents a contraction; while 0 indicates no change. Texas produces around 9.5 percent of manufacturing output in US. The state ranks second behind California in factory production and first as an exporter of manufactured goods.

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