Dallas area manufacturing data

Dallas Fed manufacturing index
  • Prior was 37.3
  • Production 15.7 vs 33.7 prior
  • New orders 20.8 vs 38.5 prior
  • Wages and benefits index hits record 39.0

A special question asked if companies were finding it hard to fill low skill positions and 68.3% said it was 'very difficult' with 29.6 saying 'difficult' and just 2.1% saying 'not difficult'. Asked about recruiting and retaining workers, 77.6% of companies said they were increasing wages.