The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey: January 2016

Today, the Federal Reserve Bank of Dallas released their latest read on manufacturing in their region indicating that assessments of manufacturing activity plunged in January with the current general business activity index declining to a recessionary level of -34.6 while the future general business activity index collapsed to -24.0.

These results are an indication (consistent with other regional and national manufacturing activity data-points) that the U.S. manufacturing sector has clearly slumped into recessionary levels as of late and provides yet another likely harbinger of what is to come in 2016 for the general economy.

The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey: December 2011

Yesterday, the Federal Reserve Bank of Dallas released their latest read on manufacturing in their region indicating that manufacturing activity worsened slightly with the current general business activity index declining to a contraction level of -3 while the future general business activity index increased to 10.3.

These results are coming, more or less, inline with the other regional manufacturing survey all indicating that business activity has slowed sharply in 2011 and may possibly indicate recession is upon us.

The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey: August 2011

Today, the Federal Reserve Bank of Dallas released their latest read on manufacturing in their region indicating that manufacturing activity continued to slow with current production declining to a weak expansion of 1.1 while new orders turned down to a weak expansion 4.8.

Most importantly, general business activity declined to a contraction level of -11.4, the lowest level seen since September of 2010.

The Federal Reserve Bank of Dallas Texas Manufacturing Outlook Survey: February 2010

Today, the Federal Reserve Bank of Dallas released their latest read on the manufacturing activity of their region indicating a continuation of the expansion seen in recent months yet with a few notable instances of weakness.

While, the current production index declined slightly since January, the value remained in expansion territory at 2.3 indicating that more respondents saw increasing production than flat to declining.

Predictions of future production also declined since January but remained firmly in expansion at a level of 40.

The “volume of new orders” index showed a notable drop-off, declining from a very robust level of 26.8 in January to a weak -6 in February indicating that respondents currently see new orders dropping off.

Respondents also saw the prices paid for raw materials continuing to increase for the seventh consecutive month with the index now standing at a level of 40.9.

Finally, the outlook for the current employment level continues to be weak with the “number of employees” index registering -5.2 while the future number of employees index went flat at 22.5.