2017 Economic Calendar
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Dallas Fed Mfg Survey  
Released On 11/27/2017 10:30:00 AM For Nov, 2017
PriorConsensusConsensus RangeActual
Production Index25.6 15.1 
General Activity Index27.6 24.5 20.0  to 28.0 19.4 

Highlights
The pace of Dallas factory growth, as in most other regions this month, eased back in November. The Dallas general activity index is at 19.4 this month vs an outsized 27.6 in October. All key readings are now at more sustainable levels: production at 15.1 vs October's 25.6, shipments 16.7 vs 20.9, employment 6.3 vs 16.7. Input price pressures and selling price traction are both holding steady but wages cooled, down 8 points to 14.2 and slightly below the average for this reading. But hinting at capacity pressures on employment and production in the coming months are new orders which, despite a 4.8 point dip, are still at a very strong 20.0.

Indications from the regional reports have been at or near record highs all year as have signs of strains in these reports including elevated employment readings and lengthening delivery times. Actual factory data out of Washington are only now beginning to show the acceleration first signaled by the various diffusion reports.

Consensus Outlook
Hurricane Harvey proved to have little effect on the Dallas Fed general activity index which has remained throughout. New orders have been especially positive and layoffs unusually low. Econoday's consensus for November's general activity index is 24.5.

Definition
The Dallas Fed Manufacturing Survey tracks factory activity in Texas on a monthly basis. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Responses are aggregated into balance indexes where positive values generally indicate growth while negative values generally indicate contraction. About 100 manufacturers regularly participate in the survey.  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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