financetom
Economy
financetom
/
Economy
/
Dallas Fed March Manufacturing Index Falls Below Expectations
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dallas Fed March Manufacturing Index Falls Below Expectations
Mar 31, 2025 7:57 AM

10:36 AM EDT, 03/31/2025 (MT Newswires) -- The Dallas Fed's monthly manufacturing index fell to a reading of minus 16.3 in March from minus 8.3 in February, compared with expectations for an increase to a reading of minus 5.0.

The Dallas reading is in line with most other manufacturing readings already released that indicated contraction in the sector.

Despite the decline in the overall reading for Dallas, there were gains for production, new orders, prices paid and shipments. The readings for prices received and employment declined.

The reading for the company outlook fell to minus 10.7 from minus 5.2 in February.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
The US Dollar Strengthens Following Positive Manufacturing Data
The US Dollar Strengthens Following Positive Manufacturing Data
Apr 2, 2024
By RoboForex Analytical Department The EUR/USD pair has dipped to its lowest since 15 February this year following the release of encouraging data regarding the US manufacturing sector's activity on Monday. This improvement, the first since September 2022, has bolstered the US dollar's position. The Institute for Supply Management (ISM) reported that the manufacturing business activity index climbed to 50.3...
Fed's Mester eyes rate cuts this year, but wants more data before acting
Fed's Mester eyes rate cuts this year, but wants more data before acting
Apr 2, 2024
NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday she continues to think the central bank is on track to cut rates this year but still needs to see the data confirm such a move is possible. If the economy evolves as expected, then in my view it will be appropriate for the [Federal...
US factory orders increase solidly in February
US factory orders increase solidly in February
Apr 2, 2024
WASHINGTON (Reuters) - New orders for U.S.-manufactured goods rebounded more than expected in February, boosted by demand for machinery and commercial aircraft as manufacturing regains its footing. Factory orders increased 1.4% after dropping 3.8% in January, the Commerce Department's Census Bureau said on Tuesday. Economists polled by Reuters had forecast orders rebounding 1.0%. They rose 1.0% year-on-year in February. Manufacturing,...
US job openings little changed in February; quits edge up
US job openings little changed in February; quits edge up
Apr 2, 2024
WASHINGTON (Reuters) - U.S. job openings held steady at higher levels in February, while the number of people quitting their jobs rose marginally. Job openings, a measure of labor demand, edged up 8,000 to 8.756 million on the last day of February, the Labor Department's Bureau of Labor Statistics said in its monthly Job Openings and Labor Turnover Survey, or...
Copyright 2023-2025 - www.financetom.com All Rights Reserved