The Dallas Fed Manufacturing index dipped to 4.1 from 10.5 last month. It was also below the 9.0 estimate.

Employment fell to 9.2 from 9.6 last month
Production rose to 15.8 from 6 last month
New Orders fell to 1.3 from 5.6 last month

Below is a look at the trends in the Index and the major components

Trends in the Dallas Manufacturing Index

Trends in the Dallas Manufacturing Index