Dallas Fed manufacturing activity index for May 2019

The Dallas Fed manufacturing activity index

The Dallas that manufacturing activity index for May moved into the negative region at -5.3. That was lower than the +5.8 expected

  • prior month 2.0
  • company outlook, -1.7 versus 6.3
  • production 6.3 versus 12.4 last month
  • capacity utilization 7.7 versus 15.6 last month
  • new orders 2.4 versus 9.8 last month
  • unfilled orders -1.6 versus -0.4 last month
  • number of employees 11.6 versus 4.6 last month
  • average employee work week 6.4 versus 8.1 last month
  • capital expenditures 18.3 versus 18.9 last month
  • prices paid 7.4 versus 7.9 last month
  • prices received 0.7 versus 6.0 last month

The six-month ahead general is this activity index 9.1 versus 18.4 last month. The six-month averages 12.4.

The index is at the lowest level since December 2018 when the index reached -6.9.