2017 Economic Calendar
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Dallas Fed Mfg Survey  
Released On 7/31/2017 10:30:00 AM For Jul, 2017
PriorConsensusConsensus RangeActual
Production Index12.3 22.3 
General Activity Index15.0 13.8 12.0  to 14.1 16.8 

The Dallas Fed rounds out another month of mostly strong regional reports on manufacturing, at 16.8 for the general activity index in July vs 15.0 in June. New orders are also far above zero, at 16.1 with production at 22.8 and shipments at 11.6. Costs are steady including a tangible 20.6 for wages & benefits, pressures offset only marginally by growth in selling prices, at an index of 5.6. Anecdotal reports on the economy, as they have all year, remain unusually strong and have yet to be matched by equal strength in actual data on the economy.

Consensus Outlook
Dallas Fed manufacturing, in line with other regional reports, has been posting very strong rates of growth this year with forecasters seeing a slight and welcome cooling in July. The general activity index is seen coming in at 13.8 vs 15.0 in June.

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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