Dallas Fed manufacturing data for Jan 2021

Dallas Fed
  • Prior was +9.7
  • Production +4.6 vs +26.8 prior
  • New orders 6.3 vs 19.3 prior
  • Employment +16.6 vs +20.9 prior
  • Raw materials price index at the highest in nearly 10 years
  • Future production 43.7 vs 47.3 prior
  • Full report

The key internals are a bit softer than the headline and price pressures continue to rise.