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.