Home / Market Update / Dallas Fed Manufacturing Index drops to 4.6

Dallas Fed Manufacturing Index drops to 4.6

US Dallas Fed Manufacturing Business Index decreases to 4.6 in September from 9.
The general business activity index remained in positive ground in September at 4.6 below the reading of 9 of the previous month.
The report said that Texas factory activity continued to increase in September, according to business executives responding to the Texas Manufacturing Outlook Survey.
he production index, a key measure of state manufacturing conditions, rose three points to 24.2. The reading was well above average and indicative of solid output growth.

Check Also

The Euro’s Moment? Weak US Data and ECB Action Set the Stage

The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This …