2017 Economic Calendar
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Dallas Fed Mfg Survey  
Released On 8/28/2017 10:30:00 AM For Aug, 2017
PriorConsensusConsensus RangeActual
Production Index22.3 20.3 
General Activity Index16.8 15.7 15.0  to 17.0 17.0 

Highlights
Dallas Fed rounds out yet another strong month for regional manufacturing surveys, posting a 17.0 for the general activity index which hits Econoday's high estimate.

New orders are very solid at 14.3 with unfilled orders, however, flat at 0.2. Production is very strong at 20.3 with shipments at 18.1. Labor data are also positive, at 9.9 for employment, 14.5 for hours worked, and a very strong 26.9 for wages & benefits which points to inflationary pressures. And both input prices, at 26.9, and selling prices, at 10.2, show sharp acceleration in the month. Inventory data are flat with delivery times slowing slightly.

Regional reports, based on small voluntary samples, have been showing unusual strength though national factory data from the government have been little better than mixed.

Recent History Of This Indicator
The Dallas Fed manufacturing report, in line with other regional reports, has been posting very strong rates of growth with forecasters seeing little cooling. The general activity index is seen coming in at 15.7 in August vs 16.8 in June.

Definition
The Dallas Fed conducts this monthly survey of manufacturers in Texas regarding their operations in the state. Participants from across the state represent a variety of industries. In the latter half of the month, the questions for the manufacturing survey are electronically transmitted to respondents and answers are collected over a few days. About 100 manufacturers regularly participate in the Dallas Fed survey, which began collecting data in mid-2004. Participants are asked whether various indicators have increased, decreased or remained unchanged. Answers cover changes over the previous month and expectations for activity six months into the future. The breakeven point for each index is zero with positive numbers indicating growth and negative numbers reflecting decline.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/302/273/274/245/306/267/318/289/2510/3011/2712/26
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


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