Dallas Fed Manufacturing Jumps Highest Level Since March 2012

0
Dallas Fed Manufacturing Jumps Highest Level Since March 2012

The general business activity metric of the Dallas Fed’s manufacturing outlook survey was a reading of +12.8 in September. This is an increase from the +5.0 reading in August and is the highest the index has been since March of 2012. The above zero reading indicates economic expansion in the manufacturing sector.

This month’s index was composed of 22.9% of businesses surveyed reporting that business conditions had improved during the month, while 10.1% reported that conditions had worsened.

Dallas Fed Manufacturing-

Mohnish Pabrai On Value Investing, Missed Opportunities and Autobiographies

Mohnish PabraiIn August, Mohnish Pabrai took part in Brown University's Value Investing Speaker Series, answering a series of questions from students. Q3 2021 hedge fund letters, conferences and more One of the topics he covered was the issue of finding cheap equities, a process the value investor has plenty of experience with. Cheap Stocks In the Read More

The Dallas Fed was the last of the 5 leading manufacturing surveyed conducted by Federal Reserve banks to report for September. Currently, 4 out of the 5 surveys indicate economic expansion in the manufacturing sector.

Dallas Fed Manufacturing Jumps Highest Level Since March 2012Via: floatingpath.com

 

 

Updated on

No posts to display