10:41 AM EDT, 09/30/2024 (MT Newswires) -- The Dallas Fed's monthly manufacturing index rose slightly to a reading of minus 9.0 in September from minus 9.7 in August, compared with expectations for a decrease to a reading of minus 10.3 in a survey compiled by Bloomberg as of 7:35 am ET.

The index indicates slower contraction, which is in line with the Richmond Fed, Kansas City, Chicago PMI and the S&P Global flash indexes but in contrast with the Empire State and the Philadelphia Fed readings that signaled expansion

For Dallas, the employment reading increased, but the readings for production, shipments, new orders and prices paid all decreased.

The reading for the company outlook increased to minus 6.4 from minus 9.6 in August.