10:38 AM EST, 11/25/2024 (MT Newswires) -- The Dallas Fed's monthly manufacturing index rose to a reading of minus 2.7 in November from minus 3.0 in October, compared with expectations for a larger gain to a reading of minus 2.4 in a survey complied by Bloomberg as of 7:35 am ET.

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

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

The reading for the company outlook increased to 5.8 from minus 3.3 in October.