2018 Economic Calendar
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Dallas Fed Mfg Survey  
Released On 4/30/2018 10:30:00 AM For Apr, 2018
PriorPrior RevisedConsensusConsensus RangeActual
Production Index12.7 14.4 25.3 
General Activity Index21.4 22.8 18.0 14.0  to 19.0 21.8 

Highlights
Activity, at 21.8 for April, remains robust in the Dallas Fed manufacturing sector as does production at 25.3. Orders for this sample have risen sharply this month coming against, however, signs of stress with capacity utilization jumping nearly 8 points to 18.7 and with input prices up more than 3 points to a 7-year high at 46.3. Tariff effects are hard to isolate but confidence in the general outlook, at 31.9, remains about 10 points lower then it was before the tariffs hit. Overheating is the risk in this report as it is in other regional Fed reports most of which are pointing to strong acceleration for the nation's factory sector. Note that today's report includes annual revisions to prior data.

Consensus Outlook
Forecasters are not looking for much cooling in the Dallas Fed's general activity index, to a consensus 18.0 in April vs 21.4 in March. This report has flashed signs of unsustainable growth making less severe strength a welcome outcome.

Definition
The Dallas Fed Manufacturing Survey tracks factory activity in Texas on a monthly basis. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Responses are aggregated into balance indexes where positive values generally indicate growth while negative values generally indicate contraction. About 100 manufacturers regularly participate in the survey.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/292/263/264/305/296/257/308/279/2410/2911/26
Release For: JanFebMarAprMayJunJulAugSepOctNov
 


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