- Prior month -5.00
- Dallas Fed manufacturing business index for November -10.4
Details Of the Texas Manufacturing Outlook Survey — November Summary
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Factory activity accelerated sharply; production index +15 to 20.5 (strong pickup).
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New orders turned positive: 4.8 vs. -1.7 prior.
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Capacity utilization jumped +21 to 19.4.
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Shipments rose +9 to 15.1 (faster growth).
Labor Market
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Employment index unchanged at 1.2 → flat headcount (17% hiring, 16% layoffs).
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Hours worked increased: 9.9, up 15 points (longer workweeks).
Prices & Wages
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Raw materials prices: 35.3, up slightly.
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Finished goods prices: 10.8, up from 7.7.
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Wages & benefits: 15.4, steady and below average.
Future Expectations (6 months ahead)
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Future production surged to 33.7 from 21.0.
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Future general business activity edged up to 11.
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Most forward-looking indexes strengthened, signaling expectations for increased activity.
The high for the year was in January at 14. Since then apart from a one month spike above 0 in July to 0.9, the index has been negative.
This article was written by Greg Michalowski at investinglive.com.
