The general business activity index of the Dallas Fed Manufacturing survey was a reading of +5.0 in August. This is an increase from July’s reading of +4.4, and indicates economic expansion in the manufacturing sector at a slightly faster pace.

This month’s figure was composed of 20.2% of businesses surveyed reporting that business conditions had improved during the month while 15.2% reported that conditions had worsened.

Dallas

The Dallas Fed Manufacturing is the 4th of the 5 leading regional manufacturing surveys conducted by Federal Reserve banks to report for August. Currently, all regions except for Richmond indicate economic expansion in the manufacturing sector.

Regional Fed Manufacturing Surveys August 26 2013 600x375 Dallas Fed Manufacturing Expands Slightly To +5.0

Via: floatingpath.com