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Dallas Fed January Manufacturing Index Jumps Unexpectedly, Indicates Expansion
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Dallas Fed January Manufacturing Index Jumps Unexpectedly, Indicates Expansion
Jan 27, 2025 8:06 AM

10:40 AM EST, 01/27/2025 (MT Newswires) -- The Dallas Fed's monthly manufacturing index jumped to a reading of 14.1 in January from an upwardly revised 4.5 reading in December, compared with expectations for a decrease to a reading of minus 3.0 in a survey compiled by Bloomberg as of 7:35 am ET.

The index indicates a faster pace of expansion, which is in line with the Philadelphia Fed and the S&P Global flash indexes but in contrast with the Empire State and the Kansas City readings that signaled contraction.

For Dallas, there were gains in the readings for production, shipments, new orders, prices paid and employment.

The reading for the company outlook rose to 18.7 from 12.3 in December.

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