Dallas Regional Activity for June
- Actual: -23.2 versus -20.0 expected and -29.1 previously
The regional indicator from the Federal Reserve Bank of Dallas came in slightly lower than expected but higher than the previous reading. However, the negative figure still indicates a contraction in the Texas Manufacturing region.
เริ่มเทรดทันทีวันนี้ หรือ ลองใช้บัญชีทดลองแบบไร้ความเสี่ยง
เปิดบัญชี ลองบัญชีเดโม่ ดาวน์โหลดแอปมือถือ ดาวน์โหลดแอปมือถือ
In June, Texas factory activity declined according to the Texas Manufacturing Outlook Survey, with the following key points:
- General business activity and company outlook indexes remained negative, improving slightly to -23.2 and -10.7, respectively.
- The production index fell three points to -4.2, indicating a slight contraction in output.
- The new orders index remained negative at -16.6, reflecting contraction for over a year.
- The growth rate of orders index dropped to -23.7, its lowest value since mid-2020.
- The capacity utilization index decreased to -6.0, while the shipments index plunged by 14 points to -17.0.
Overall, the survey suggests a contraction in Texas manufacturing, with worsening perceptions of broader business conditions, weaker employment growth, and reduced work hours.
