Dallas Fed factory index
- Prior was +16.8
- Output 20.3 vs 22.8 prior
- New orders 14.3 vs 16.1
- Employment 9.9 vs 11.2
- Wages and benefits 26.9 vs 20.3
- Prices paid 26.9 vs 15.5
The inflationary numbers stand out. It's a minor survey but the Fed will be encouraged by the jump in wages and prices paid.