US Dallas Fed June manufacturing index -6.1 vs -22.0 expected
The latest Dallas-area manufacturing survey
- Prior was -49.2
- Estimates ranged from -35.0 to +20
There has been a consistent theme of outperformance in regional manufacturing surveys. It's at the point now where market participants have to be pricing in stronger readings in the ISM and Markit surveys -- both due on July 1.