Higher than previous month of 19.4
The Dallas Fed manufacturing activity index for December came in at 29.7 versus 20.0 estimate. The number was the highest since March 2006.
- Production 32.8 versus 15.1
- New orders 30.1 versus 20.0. Orders growth rate 21.4 vs 18.1
- number of employees 20.4 versus 6.3
- wages 25.1 versus 14.2
- average employment work week 23.3 versus 11.5
- prices paid 32.5 versus 32.2
- prices received 17.9 versus 15.1
- inventories 12.7 versus 6.8
- unfilled orders 9.2 versus 11.4
A strong report from the strongest region of the country.
