September Dallas FED Manufacturing Activity At -17.7

(For September 2010)

Dallas FED Manufacturing Activity was reported at -17.7. The consensus was at -6.0, prior reading at -13.5. Again bellow consensus and again pointing to contraction.

Dallas Fed Manufacturing, Empire State Manufacturing and Philadelphia FED General Business Conditions Index all point to lower ISM manufacturing. Dallas Fed Manufacturing and Empire State Manufacturing both deteriorated in September while Philadelphia FED improved, but remained in negative territory.

Chart 1. ISM  vs. Dallas FED, Philadelphia FED, Empire State Manufacturing Surveys and Chicago PMI

Source: Bloomberg

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This entry was posted on Monday, September 27th, 2010 at 8:59 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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